Bitcoin Miner MARA jumps 17% after striking a deal with Starwood to build AI data centers
Bitcoin miner Marathon Digital Holdings (MARA) saw its stock price increase by 17% following a partnership with Starwood Capital Group to develop AI data centers. The collaboration aims to leverage Marathon's expertise in cryptocurrency mining and Starwood's real estate capabilities to create facilities that support artificial intelligence technologies. This move is part of a broader trend of integrating AI with blockchain and cryptocurrency operations. The deal highlights the growing intersection between these sectors and the potential for new revenue streams.
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