MARA Takes Controlling Stake in French AI Data Center Operator Exaion

France Approves MARA Holdings’ $168M Acquisition of EDF Data Center Unit Exaion

France has officially approved the sale of a majority stake in Exaion, a key data center subsidiary of state-owned energy giant Electricité de France (EDF), to U.S.-based bitcoin miner MARA Holdings Inc. The $168 million deal, first announced in August 2025, concludes after months of scrutiny tied to national security and digital sovereignty concerns. MARA Holdings, headquartered in Florida and recognized as one of the largest publicly traded bi…

Bitcoin Miner MARA Expands Into AI With $168M Exaion Acquisition

Key Takeaways MARA acquired a 64% controlling stake in Exaion for $168 million in cash. The deal strengthens MARA’s push into AI, cloud, and HPC infrastructure. Post-halving margin pressure is accelerating miner diversification. MARA has the option to raise its stake to 75% by 2027 for an additional $127 million. The $168 million cash deal, first announced in August 2025, received final regulatory approval from French authorities and marks one …

Bitcoin Miner MARA Expands Beyond Mining With $168M Exaion Acquisition More Stories ETHNews

Bitcoin mining company MARA Holdings Inc. has finalized its acquisition of a 64% majority stake in Exaion, the digital infrastructure and cloud subsidiary of French state-owned utility EDF. The deal signals a strategic pivot for MARA beyond traditional Bitcoin mining and into high-performance computing (HPC) and artificial intelligence infrastructure. Deal Structure and Terms MARA paid $168 million in cash for the initial 64% stake in Exaion. Th…

MARA Acquires Exaion Stake as Bitcoin Miner Expands Into AI Infrastructure

The post MARA Acquires Exaion Stake as Bitcoin Miner Expands Into AI Infrastructure appeared on BitcoinEthereumNews.com. MARA Holdings steps beyond Bitcoin mining by acquiring a 64% controlling stake in AI firm Exaion. EDF Group stays on as a minority shareholder and customer, keeping its ties to Exaion post-deal. NJJ Capital joins with a 10% stake in MARA France, adding strategic European weight to the deal. Bitcoin miner MARA Holdings is makin…

Bitcoin Miner MARA Holdings Acquires 64% Stake in AI-Focused Firm Exaion

MARA acquires 64% controlling stake in Exaion, a French high-performance computing firm. Fred Thiel, CEO of MARA, will serve on Exaion’s Board of Directors, underscoring MARA’s strategic involvement  Bitcoin Mining company, MARA Holdings, secures a strategic stake in Exaion, a French High Performance Computing company that focuses on AI-ready data centres and other computing services, as this controlling stake represents MARA’s move to expand it…

MARA Holdings Secures 64% Stake in Exaion to Drive European AI Data Center Growth

TLDR: MARA France completed a 64% majority acquisition of Exaion after securing all required regulatory approvals.  NJJ Capital acquired a 10% stake in MARA France, strengthening the deal’s local French investment structure.  Fred Thiel and Xavier Niel will both serve on Exaion’s board, representing key stakeholders across the partnership.  The three-way deal aims to position Exaion as a leading European player in secure cloud and HPC services.…