According to Wu's report, Bloomberg states that documents submitted to the U.S. Federal Energy Regulatory Commission show that the Bitcoin mining company MARA announced the acquisition of a wind farm in Texas from a joint venture with the State Grid Corporation and the Washington State Investment Board, with the specific acquisition price not yet disclosed. Previously, MARA announced plans to privately issue $700 million in zero-coupon convertible preferred notes (due in 2031) and $105 million in options. The net proceeds will be used to purchase more Bitcoin and for general corporate purposes, which may include working capital, strategic acquisitions, expansion of existing assets, and repayment of additional debts and other outstanding obligations.