Woofun AI reports that MARA Holdings has acquired a substantial site in Texas to serve as a central power hub for expanding its Bitcoin mining and artificial intelligence operations. The acquisition grants the company access rights to up to 2,000 megawatts of the Texas power grid within the Electric Reliability Council of Texas (ERCOT) region.

The facility is designed to house both application-specific integrated circuits for Bitcoin mining and graphics processing units for AI model training. This dual-use infrastructure allows MARA to optimize energy procurement by shifting between mining and AI compute based on market conditions. The move aligns with broader industry trends where miners repurpose energy assets for high-performance computing while participating in demand response programs to support grid stability.