MARA plans to invest $168 million to acquire 64% of the shares of the French data company Exaion.

robot
Abstract generation in progress

PANews, August 12, news reported by Bloomberg that Bitcoin mining company MARA plans to acquire 64% of the shares of French data company Exaion for $168 million, becoming the majority shareholder. MARA may also add an additional $127 million to raise its ownership stake to 75%, while EDF will retain its status as a minority shareholder. It is reported that Exaion focuses on data center construction and the provision of cloud and artificial intelligence infrastructure. This move marks MARA's expansion into the artificial intelligence inference field while accelerating its Bitcoin strategic layout. In the second quarter of this year, MARA's adjusted EBITDA increased by over 1000% year-on-year, reaching $808 million.

BTC-2.21%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)