​Marathon Digital Holdings (MARA) has significantly expanded its operations by acquiring two operational data centers in Hannibal and Hopedale, Ohio, totaling 222 megawatts (MW) of interconnect-approved capacity.

These sites currently operate at 122 MW, with approval to expand by an additional 100 MW. Additionally, MARA is developing a 150 MW facility in Findlay, Ohio, which already has 30 MW of capacity.

Collectively, these facilities offer an interconnect-approved capacity of 372 MW, which MARA aims to fully energize by the end of 2025. ​Mara

These strategic developments are integral to MARA’s objective of achieving a hash rate of 50 exahashes per second (EH/s) by the end of 2024.

The company increased its 2024 hash rate target from 35-37 EH/s to 50 EH/s, representing a 100% growth in hash rate during the fiscal year.

By December 2024, MARA’s energized hash rate had reached 53.2 EH/s, surpassing its year-end target.

The company also increased its Bitcoin holdings to 44,893 BTC, reflecting a BTC yield per share of 62.7% for the year. ​

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