Express

MARA Plans to Acquire Majority Stake in French Power Subsidiary Exaion for $168 Million

Summary: According to Jinshi News, the world's largest Bitcoin mining company, MARA Holdings Inc., is in advanced negotiations to acquire a majority stake in Exaion, a subsidiary of French power group EDF, for approximately $168 million. This move signals the mining giant's attempt to enter the field of artificial intelligence as an infrastructure provider. MARA plans ...

According to Jinshi News, the world's largest Bitcoin mining company, MARA Holdings Inc., is in advanced negotiations to acquire a majority stake in Exaion, a subsidiary of French power group EDF, for approximately $168 million. This move signals the mining giant's attempt to enter the field of artificial intelligence as an infrastructure provider. MARA plans to acquire 64% of Exaion's shares from EDF Pulse Ventures, a venture capital arm of EDF, through a cash transaction. After the transaction is completed, EDF will retain a minority stake.

Last Update:

Tags:
Link: MARA Plans to Acquire Majority Stake in French Power Subsidiary Exaion for $168 Million [Copy]

Last: Federal Reserve's Probability of Rate Cut in September Reaches 85.9%, Probability of Maintaining Rates Unchanged Only 14.1%

Next: Wall Street Fear and Greed Index to be Released on August 11, 2025

AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 1 day ago

Can a $300M RWA Fund Save Avalanche's TVL? 2 days ago

Trump Adviser's "Whale Debut" with $680M Bitcoin Bet Faces Early Losses 3 days ago

S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 5 days ago

Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 6 days ago