MARA runs roughly 1.9 gigawatts of computing across four continents, holds more than 50,000 bitcoin, and now wants to sell you the cooling tanks and energy software behind it all.
M2X Energy builds modular, trailer-mounted gas-to-liquids systems that convert wasted methane - the gas flared at oil wells, landfills, and digesters - into low-carbon methanol. Founded in 2020 and headquartered in Rockledge, Florida, the company replaces giant fixed chemical plants with mass-manufactured 'chemical plants on wheels' that drive up to a stranded gas source, connect, and run. After proving the model on flare gas at a Chord Energy well in the Bakken, M2X raised a $40M Series B in 2024 to build its first commercial fleet.