Bitcoin miner MARA has struck a deal to acquire a stake in Exaion, a subsidiary of EDF, to expand its global AI and high-performance computing (HPC) capabilities.
The company is buying a 64% interest in Exaion, which develops and operates HPC data centres and provides secure cloud and AI infrastructure in partnership with key players such as Deloitte, 2CRSI and NVIDIA.
MARA, which supports the energy transformation, by converting clean, stranded or otherwise underutilised energy into economic value, will invest around $168 million in cash upfront to buy the stake, increasing its ownership up to 75% by 2027.
The company manages large grid-connected deployments that reduce energy waste and inefficiencies, as well as small, dispersed deployments that transform stranded or waste energy resources into more productive and sustainable assets.
Fred Thiel, MARA’s Chairman and CEO said:“Our partnership with Exaion would bring together two global leaders in data centre development and digital energy.
“As data protection and energy efficiency become top priorities for both governments and enterprises, MARA and Exaion’s combined expertise would enable us to deliver secure and scalable cloud solutions built for the future of AI.”
The deal is expected to close in or around the fourth quarter of 2025.
Bitcoin miner MARA buys majority stake in EDF’s Exaion appeared first on Energy Live News.