[MARA Plans to Invest Up to $600 Million to Build Mining Campus in Texas, Stock Rises About 18%] Foresight News reports that Nasdaq-listed company MARA Holdings announced plans to acquire a 1,200-acre electrified plot of land in Texas, leading to an approximately 18% rise in its stock during early trading on Thursday. The company plans to build a digital infrastructure campus on the site, which will support high-performance computing and Bitcoin mining, with a grid-connected capacity of up to 2 gigawatts. The transaction will not be a one-time payment but will be made in phases, with a maximum investment of $600 million. Payments will be made based on project milestones, which are contingent on regulatory approvals, land acquisition, power access and permits, as well as finalizing contracts with data center tenants. The power station is located in Matagorda County, southwest of Houston. MARA noted that its grid-connected capacity is expected to reach 1 gigawatt by October 2027 and 2 gigawatts by the second quarter of 2028, subject to approval from ERCOT.