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Bitcoin (BTC) Miner MARA Steps Into HPC With Majority Stake in EDF Subsidiary: H.C. Wainwright
7 Articles
7 Articles
Bitcoin-Miner MARA Said to Near $168 Million Deal for EDF Unit
MARA Holdings Inc. is in advanced talks to acquire a majority stake in Exaion from Electricite de France SA as the largest Bitcoin miner looks to extend its reach into artificial intelligence as an infrastructure provider, according to people familiar with the matter.
The company of mining Bitcoin seeks to diversify towards artificial intelligence with the purchase of 64% of Exaion, subsidiary of EDF Pulse Ventures, and take advantage of its infrastructure to support operations with AI. *** MARA will pay USD $168 million for 64% of Exaion, with option to increase to 75% The French firm operates data centers and solutions of AI The movement coincides with the strategy of MARA to expand its treasury Bitcoin The…
Bitcoin Miner MARA Eyes AI Growth in $168M EDF Deal
MARA Holdings Inc. is nearing a $168 million deal to buy EDF’s Exaion. The move signals a major push into artificial intelligence (AI) infrastructure beyond Bitcoin mining operations. MARA Targets AI Expansion With $168M Exaion Deal MARA Holdings Inc. is close to acquiring a controlling stake in Exaion from Electricité de France SA in a The post Bitcoin Miner MARA Eyes AI Growth in $168M EDF Deal appeared first on CoinGape.
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