{"id":22876,"date":"2026-02-27T09:33:21","date_gmt":"2026-02-27T09:33:21","guid":{"rendered":"https:\/\/bitunikey.com\/news\/mara-partners-with-starwood-to-build-ai-data-centers-shares-rally-17\/"},"modified":"2026-02-27T09:33:30","modified_gmt":"2026-02-27T09:33:30","slug":"mara-partners-with-starwood-to-build-ai-data-centers-shares-rally-17","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/mara-partners-with-starwood-to-build-ai-data-centers-shares-rally-17\/","title":{"rendered":"MARA partners with Starwood to build AI data centers, shares rally 17%"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bitcoin miner MARA Holdings has announced a partnership with Starwood Property Trust to develop AI-focused data centers.<\/p>\n<div id=\"cn-block-summary-block_9222bf958ddcd6a72f08730743ffbf41\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>MARA has entered a strategic partnership with Starwood Capital Group to convert select U.S. Bitcoin mining sites into AI focused hyperscale data centers.<\/li>\n<li>The joint venture will target roughly 1 gigawatt of short-term IT capacity, with plans to expand beyond 2.5 gigawatts<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to a Feb. 26 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ir.mara.com\/news-events\/press-releases\/detail\/1416\/mara-announces-strategic-partnership-with-starwood-to-accelerate-delivery-of-cutting-edge-hyperscale-enterprise-and-ai-capable-digital-infrastructure\" target=\"_blank\" rel=\"nofollow\">announcement<\/a>, the two companies have entered into a strategic agreement to \u201cjointly develop, finance, and operate digital infrastructure projects across MARA\u2019s existing, power-rich portfolio.\u201d<\/p>\n<p>As part of the agreement, MARA will work with Starwood Capital Group\u2019s data center development arm, Starwood Digital Ventures, to convert and expand select U.S. Bitcoin mining sites into hyperscale data center campuses capable of serving enterprise, cloud, and AI workloads.<\/p>\n<p>\u201cMARA\u2019s power rich sites give customers what they need most: predictable access to energy at scale. Our partnership with Starwood will allow us to turn that power certainty into capacity certainty, so customers can run diverse workloads close to their data and users,\u201d MARA\u2019s Chairman and CEO Fred Thiel said in a statement.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The partnership will focus on sites that have access to low-cost energy and strong grid interconnection positions, which would then support both Bitcoin mining operations and AI-driven high-performance computing workloads.<\/p>\n<p>The companies expect to deliver approximately 1 gigawatt of near-term IT capacity, with plans to scale that figure to more than 2.5 gigawatts over time.<\/p>\n<p>MARA shares <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.google.com\/finance\/beta\/quote\/MARA:NASDAQ?sa=X&amp;ved=2ahUKEwiC7t2MifmSAxUuWnADHcfnDW8Q3ecFKAV6BAg2EAY\" target=\"_blank\" rel=\"nofollow\">surged<\/a> more than 15% in after-market trading following the announcement of the Starwood partnership. Shareholders perceived the joint venture as a strategic diversification move, especially after the company\u2019s disappointing earnings report revealed a $1.7 billion quarterly net loss and falling revenues.<\/p>\n<p>As previously reported by crypto.news, crypto mining stocks, including MARA, have struggled over the past months as a result of a market-wide downturn and tight profit margins.<\/p>\n<p>At the same time, a powerful winter storm in January pushed Bitcoin hashrate to a seven-month low as several U.S. miners had to power down or throttle operations to ease pressure on strained electricity grids.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin miner MARA Holdings has announced a partnership with Starwood Property Trust to develop AI-focused data centers. Summary MARA has entered a strategic partnership with Starwood Capital Group to convert&hellip;<\/p>\n","protected":false},"author":1,"featured_media":22877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=22876"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22876\/revisions"}],"predecessor-version":[{"id":22878,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22876\/revisions\/22878"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/22877"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=22876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=22876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=22876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}