Bitcoin News Today: MARA Acquires 64% Stake in EDF Subsidiary to Enter $169 Billion HPC Market

MARA Holdings (MARA), a bitcoin miner, has announced a strategic move into the high-performance computing (HPC) sector by acquiring a 64% stake in Exaion, a subsidiary of French energy company EDF, according to a report by H.C. Wainwright [1]. The deal includes an option for MARA to increase its stake to 75% by 2027, signaling a broader shift from traditional bitcoin mining toward the $169 billion trusted cloud infrastructure market [1].

This move positions MARA to leverage its existing infrastructure and operational experience while expanding into a segment with higher profit potential. H.C. Wainwright highlighted that the pivot is driven by the looming bitcoin halving events in 2028 and 2032, as well as the growing demand for compute power from artificial intelligence (AI) applications [1]. The firm reiterated its buy rating for MARA with a price target of $28, citing the potential for stronger margins from HPC services, ongoing price appreciation in bitcoin, and increased adoption fueled by exchange-traded funds [1].

The acquisition also aligns MARA with a growing trend among bitcoin miners who are increasingly looking to diversify into AI and HPC. For instance, Core Scientific (CORZ) previously announced a 12-year agreement with CoreWeave, an AI cloud provider, and was recently acquired by the same company in a share-based transaction [1]. By entering the HPC space, MARA aims to participate in the sovereign cloud AI services market, where data security and infrastructure expertise are critical [1].

However, the broker also noted that risks remain, including volatility in the price of bitcoin, increasing network difficulty, potential capital dilution, and the operational complexities of managing data center operations [1]. Despite these challenges, MARA’s recent performance has been supported by the broader crypto market dynamics, including rising bitcoin prices and regulatory progress in the U.S. [1].

MARA’s stock was trading at approximately $15.76 at the time of the report, with a 0.6% increase [1]. Analysts see the company’s move as a strategic and credible step into a high-growth market, leveraging its existing infrastructure to support the development of next-generation compute capabilities.

Source: [1] Bitcoin Miner MARA Steps Into HPC With Majority Stake in EDF Subsidiary: H.C. Wainwright (https://www.coindesk.com/markets/2025/08/12/bitcoin-miner-mara-steps-into-hpc-with-majority-stake-in-edf-subsidiary-h-c-wainwright)