On July 9-10, Bitcoin and AI infrastructure firms Mara Holdings and Bitdeer announced major expansion projects, sending their stocks sharply higher. Mara Holdings surged 9.98% to $13.22, while Bitdeer gained 14.09% to $14.33 on Nasdaq.
Mara Holdings signed a contract with energy firm HIFUSA on July 9 to acquire a large Texas power site exceeding 1,200 acres, with plans to secure 1GW of power capacity by October 2027 and 2GW by April 2028 for high-performance computing and Bitcoin mining infrastructure. Separately, Bitdeer broke ground on a $36 million advanced electronics manufacturing facility in Nevada spanning 187,000 square feet, marking its first U.S. manufacturing and assembly hub.