The French Ministry of Finance has approved MARA Holdings’ $168 million acquisition of a 64% stake in Exaion, the data center subsidiary of EDF. This acquisition is poised to enhance MARA’s European infrastructure for data centers, high-performance computing, and Bitcoin mining. Exaion benefits from EDF’s low-carbon energy sources, which aligns with the sustainable mining trends prevalent in regulated European markets. Additionally, the approval by the French Ministry of Finance reflects a growing acceptance of foreign investments in the region’s data infrastructure for cryptocurrency applications.
French Ministry of Finance approves MARA Holdings’ $168M acquisition of Exaion
