MARA Holdings, Inc. (NASDAQ:MARA) ("MARA" or "Company"), a global leader in leveraging digital asset compute to support the energy transformation, announces a strategic collaboration with AlphaGeo, an AI-powered geospatial predictive analytics software that supports businesses by providing insights on geographic risk and resilience. “As MARA continues its global expansion, AlphaGeo's advanced ESG analytics will become an integral part of our strategic repertoire,” said Manoj Narender Madnani, MARA’s Managing Director of International. This collaboration will provide critical data on climate risks and resilience attributes for all our data centers and facilities worldwide.
By leveraging AlphaGeo's proprietary machine-learning models, we have the opportunity to forecast energy costs and insurance premiums with greater accuracy, optimizing operational expenses and informing investment decisions. Additionally, AlphaGeo's expertise will assist in our assessment of national energy supply and demand dynamics, addressing water risks, and power generation potential from existing and planned grid investments, including renewable sources. This collaboration is part of our commitment to sustainability and community development and will enable us to convert surplus grid power into economic value while creating job opportunities and enhancing societal resilience in energy-rich but climate-stressed regions.
Together with AlphaGeo, we will conduct joint case studies on our country-level engagements, showcasing the impact of our collaboration on sustainable digital asset compute and the energy transformation. AlphaGeo's product suite includes hyper-local climate risk downscaling as well as analysis of operational and capital expenditures. This will empower MARA to make data-driven decisions that balance profitability with long-term sustainability. Mr. Madnani emphasized, “This collaboration will enable us to act swiftly and effectively in the dynamic global landscape, ensuring our investments are both sustainable and impactful.”
"The nexus of the digital and energy economies is one of the most exciting revolutions underway today, and AlphaGeo is thrilled to be working with MARA to ensure it unfolds in a sustainable direction,” said Parag Khanna, AlphaGeo’s founder and CEO.
MARA's collaboration with AlphaGeo represents a significant advancement in our global expansion strategy. By integrating AlphaGeo’s predictive analytics, we will identify the most promising geographies for deploying our energy solutions. Mr. Madnani describes this venture as “a true 1+1=11 collaboration with an opportunity to have an exponential impact for the ecosystem.” With AlphaGeo's insights, we are well-positioned to strategically build a resilient future.
About AlphaGeo
AlphaGeo is a leading AI-powered geospatial predictive analytics software company dedicated to future-proofing global investments. By applying advanced machine-learning techniques to geospatial data, AlphaGeo captures risk and adaptation indicators into an integrated spatial index that covers every location on Earth. This innovative approach guides clients towards more resilient investing, enabling them to navigate the complexities of climate change and geopolitical dynamics effectively.
Founded in 2022 by strategic geographer Dr. Parag Khanna, AlphaGeo operates from key locations in Singapore and New York. The company serves a diverse clientele, including major institutional investors in real estate and infrastructure, insurance companies, and market analytics platforms. AlphaGeo's proprietary technology provides detailed insights into physical climate risks and resilience attributes, empowering organizations to make informed investment decisions.
For more information, read AlphaGeo’s whitepaper (Mapping the Future: Where to Invest for True Resilience), visit their website (www.alphageo.ai), or follow on LinkedIn (AlphaGeo LinkedIn).
About MARA
MARA (NASDAQ:MARA) is a global leader in digital asset compute that develops and deploys innovative technologies to build a more sustainable and inclusive future. MARA secures the world’s preeminent blockchain ledger and supports the energy transformation by converting clean, stranded, or otherwise underutilized energy into economic value.
For more information, visit www.mara.com, or follow us on:
Twitter: @MarathonDH
LinkedIn: www.linkedin.com/company/marathon-digital-holdings
Facebook: www.facebook.com/MarathonDigitalHoldings
Instagram: @marathondigitalholdings
Forward-Looking Statements
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