Bitcoin News Today: MARA buys 64% of EDF's Exaion for $168 million to expand into AI and HPC

MARA Holdings, a leading Bitcoin mining company, has reached an agreement to acquire a 64% stake in Exaion, a subsidiary of the French energy company EDF, for $168 million in cash. The deal, announced in late July 2025, represents MARA’s expansion into high-performance computing (HPC) and AI infrastructure [1]. Exaion specializes in data center development and cloud services, making it a strategic addition to MARA’s growing infrastructure portfolio [2].

The transaction is facilitated through EDF Pulse Ventures, EDF’s venture capital arm, which will retain a minority stake in Exaion. Under the terms of the agreement, MARA has the option to increase its ownership to up to 75% by 2027, contingent upon performance milestones. The deal also includes the purchase of 1.2 million existing shares from EDF Pulse Holding and other minority shareholders, reinforcing alignment of interests between the parties [3].

This acquisition is part of MARA’s broader strategy to diversify beyond Bitcoin mining into adjacent technology sectors, particularly AI and cloud computing. The move aligns with a growing trend in the mining industry, where firms are leveraging their existing infrastructure and energy expertise to enter the high-growth HPC and AI markets. Exaion’s data center capabilities are expected to complement MARA’s energy-efficient mining operations, creating potential cross-sector synergies [4].

MARA has emphasized that the acquisition supports its long-term vision of expanding its global footprint in AI and HPC. The company has previously signaled interest in leveraging its infrastructure to enter new markets, and this deal provides immediate access to advanced computing capabilities and a foothold in the European data center landscape [5]. The partnership with EDF also grants MARA access to stable and scalable infrastructure, further supporting its strategic goals.

The announcement was made by MARA in a press release on July 28, 2025, and has since been widely reported by financial and cryptocurrency news outlets. The transaction is subject to regulatory approvals and standard closing conditions before it can be finalized [6].

Source:

[1] MARA to Acquire Majority Stake in EDF's HPC Subsidiary

(https://theminermag.com/news/2025-08-11/mara-edf-hpc-exaion)

[2] Bitcoin-Miner MARA Strikes $168 Million Deal for EDF Unit

(https://www.bloomberg.com/news/articles/2025-08-11/bitcoin-miner-mara-said-to-near-168-million-deal-for-edf-unit)

[3] Bitcoin miner MARA buys majority stake in Exaion to grow ...

(https://www.mitrade.com/insights/news/live-news/article-3-1030604-20250812)

[4] MARA to buy majority stake in EDF's AI infrastructure unit ...

(https://seekingalpha.com/news/4483544-mara-to-buy-majority-stake-in-edfs-ai-infrastructure-unit-unit-for-168m-in-cash)

[5] Bitcoin miner MARA to acquire majority stake in Exaion ...

(https://cointelegraph.com/news/bitcoin-miners-acquires-majority-stake-iai-firm-exaion)

[6] MARA to Acquire 64% Stake in EDF Subsidiary Exaion for ...

(https://www.marketscreener.com/news/mara-to-acquire-64-stake-in-edf-subsidiary-exaion-for-168-million-ce7c5ed3d088f225)