Bitcoin-Miner MARA Said to Near 68 Million Deal for EDF Unit

Bitcoin Miner MARA Nears $168 Million Deal to Acquire EDF’s AI Infrastructure Unit Exaion

MARA Holdings Inc., the largest publicly traded Bitcoin mining company, is in advanced talks to acquire a majority stake in Exaion, an artificial intelligence infrastructure unit owned by Electricite de France SA (EDF). The Hallandale Beach, Florida-based firm plans to pay approximately $168 million in cash to acquire a 64% stake in Exaion from EDF Pulse Ventures, the venture capital arm of the French utility group. MARA will also have an option to increase its ownership to 75% for an additional $127 million, contingent on certain conditions. EDF will retain a minority stake in Exaion following the transaction. This acquisition marks MARA’s strategic move beyond cryptocurrency mining into the broader AI infrastructure space. By leveraging Exaion’s capabilities, MARA aims to position itself as a key infrastructure provider in the growing artificial intelligence sector. The deal was confirmed in a statement on Monday, following earlier Bloomberg News reports.

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Key Points:

• MARA to acquire 64% of Exaion from EDF Pulse Ventures for $168 million in cash.
• Option to increase stake to 75% for an additional $127 million.
• EDF to remain a minority shareholder.
• MARA expands from Bitcoin mining into AI infrastructure.

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This strategic acquisition reflects the increasing convergence of cryptocurrency mining companies with artificial intelligence infrastructure providers, highlighting the evolving landscape of blockchain and AI technologies.

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Source attribution: Originally published at Bloomberg on August 11, 2025.

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Frequently Asked Questions (FAQ)

About the Acquisition

Q: What is the total value of the deal between MARA and Exaion? A: MARA plans to pay approximately $168 million in cash for a 64% stake, with an option to acquire an additional 11% for $127 million under certain conditions. Q: Who is Exaion? A: Exaion is an artificial intelligence infrastructure unit owned by Electricite de France SA (EDF). Q: What is MARA Holdings Inc.? A: MARA Holdings Inc. is the largest publicly traded Bitcoin mining company. Q: Why is MARA acquiring Exaion? A: This acquisition represents MARA's strategic move to expand beyond cryptocurrency mining into the AI infrastructure sector, aiming to become a key player in the growing AI industry. Q: Will EDF still have a stake in Exaion after the acquisition? A: Yes, EDF will retain a minority stake in Exaion following the transaction.

Crypto Market AI's Take

This move by MARA exemplifies a significant trend within the cryptocurrency and technology sectors: the convergence of traditionally separate industries. As the demand for AI infrastructure grows, companies with significant computational power and expertise in managing complex systems, like Bitcoin miners, are well-positioned to pivot or expand. This strategic diversification for MARA could unlock new revenue streams and solidify its position as a forward-thinking company in the evolving tech landscape. For those interested in understanding how AI is impacting financial markets, our insights into AI agents in crypto trading and AI's role in market analysis provide valuable context.

More to Read:

• Bitcoin Miner MARA Nears $168 Million Deal to Acquire EDF’s AI Infrastructure Unit Exaion
• The Convergence of AI and Blockchain: Opportunities and Challenges
• Understanding the Future of AI Infrastructure