![BTC Miner Marathon Digital (MARA) to Acquire New Mining Sites Jamie Crawley](https://btcusa.com/wp-content/uploads/2023/12/BTC-Miner-Marathon-Digital-MARA-to-Acquire-New-Mining-Sites-678x381.jpg)
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The acquisition, which will add 390 megawatts of capacity, will be paid in cash from Marathon’s balance sheet, the company announced on Tuesday. Across the two sites, around 21% is vacant and available for expansion, 63% is occupied by bitcoin mining tenants and 16% is already occupied by Marathon. Marathon said it expects the acquisitions to reduce the cost per coin mined by around 30%.
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