Revolve Labs, a builder, owner, and operator of sustainable data center infrastructure for Bitcoin mining, is excited to announce a new agreement with Marathon Digital Holdings, one of the world’s largest publicly traded Bitcoin miners and a leader in supporting and securing the Bitcoin ecosystem. This strategic collaboration comes as Marathon Digital Holdings expands its operational footprint with the acquisition of two new sites that were closed on January 16, 2024.

Under the agreement dated March 4, 2024, Revolve Labs will extend its expertise in site management to Marathon Digital Holdings’ facilities located in Granbury, TX, and Kearney, NE, totaling 390 megawatts of operational capacity.

"Cody Nelson, our Chief Operating Officer, will lead the initiative to deliver our extensive experience in site management and operations to these newly acquired facilities,” stated Felipe Pinto, CEO of Revolve Labs. "This agreement reinforces our commitment to advancing the Bitcoin mining industry and aligns with our mission to support sustainable and efficient mining operations."

The agreement includes various essential services, such as developing standard operating procedures (SOPs), specialized training for service technicians, overall site maintenance, and various consulting and support services. This agreement establishes Revolve Labs' role as a crucial player in enhancing the operational capabilities of Marathon Digital Holdings' expanding infrastructure.

About Revolve Labs
Revolve Labs aims to construct and operate next-gen carbon-negative data centers prioritizing Bitcoin mining and AI High-Performance Computing (HPC) workloads, showcasing our commitment to innovation and environmental sustainability. Revolve owns and operates a 20MW data center in Minnesota and a world-class 10,000 sqft ASIC repair and training center in Colorado Springs, Colorado.

For more information, visit www.revolvelabs.ai, or follow us on:

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Revolve Labs Investor Contact
ir@revolvelabs.ai
felipe.pinto@revolvelabs.ai
aleks.zdjelar@revolvelabs.ai

Revolve Labs Marketing & Media Contact
joby@revolvelabs.ai

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