Svmuu News Bitcoin Mining company MARA Holdings announced a partnership with investment firm Starwood Capital Group to build large-scale data centers for artificial intelligence and cloud computing clients based on its existing mining facilities in the United States. Following the announcement, the company’s stock price rose by approximately 17% in after-hours trading.Under the agreement, the two parties will convert some of the facilities originally used for Bitcoin mining into AI data centers. Starwood Digital Ventures, a subsidiary of Starwood, will be responsible for the design, construction, and client acquisition.The project is expected to provide approximately 1 gigawatt of computing capacity in its initial phase, with plans to expand to over 2.5 gigawatts in the future. Both parties will jointly fund and operate the facilities. This partnership marks a significant business transformation for MARA. Given that mining facilities possess large-scale power access capabilities, such infrastructure has become increasingly valuable amid rapidly growing demand for AI computing power.In recent years, driven by the halving of the "Bitcoin" leading to reduced block rewards, rising electricity costs, and intensifying competition, many mining companies have begun shifting toward the AI computing infrastructure sector. However, MARA stated that Bitcoin will remain a core component of the company’s long-term strategy. Company management emphasized that while there is uncertainty regarding short-term price trends, their long-term confidence in the Bitcoin asset class remains unchanged.Financial results show that the company’s fourth-quarter revenue was $202.3 million, a year-over-year decrease of approximately 6%, primarily driven by a roughly 14% decline in the average mining price of Bitcoin.