Bitcoin Miner Mara Holdings are doing the biggest play of AI to this day, which signed a $ 168 million deal to buy a 64% stake at exaion, a subsidiary of state-owned French électricité de France, one of the largest low-carbon energy producers in the world.
The agreement, announced On Tuesday, there was a choice for Mara to raise its stake to 75% to 2027 with an additional $ 127 million investment, which depends on performance milestones.
Now, Mara and @Edfofficiel Signed an investment agreement with the subsidiary exaion to expand Mara’s AI/HPC’s global capabilities.
📄 Read Press Release: https://t.co/mh0z6x8nwk pic.twitter.com/hhuyrxqdej
– Mara (@mara) August 11, 2025
Exaion works with Nvidia
Exaion develops high-performance computing (HPC) data centers and provides AI and cloud infrastructure in collaboration with the preferences of AI Heavyweight Nvidia and Big Four Accounting Firm Deloitte.
The agreement is now positioning the transfer to larger -sized international expansion to deliver business clients and public sectors, Mara said.
The transaction is expected to close in the fourth quarter, subject to the necessary approves.
Mara’s CEO and Chairman Fred Thiel added: “While data protection and energy efficiency has become the leading priority for both governments and business, the integrated expertise of Mara and Exaion will provide us to deliver safe and measured cloud solutions built for the future of AI.”
AI’s expansion comes from BTC mining difficulties
Mara’s expansion to AI came in the middle of a steep increase in Bitcoin (Btc) Mining difficultiesDriving energy consumption and pressure on the margins of the miner’s profitability unless they fit with better equipment or lower energy costs.
Mara is Bitcoin’s largest miner by making bitcoin, network hash rateand market cap, but became one of the last players in the industry to make a significant push for AI.
Related: Michael Saylor does not sweat the rise of Ethereum treasury companies
In additional comments on Monday by X spaces, Thiel mentioned That Mara was “deliberately chosen not to be in the first wave” of expanding to AI and HPC data center businesses Like other Bitcoin miners.
“Instead of trying to restrofit mining facilities, we invest in a partner who already has expertise, a customer base and a track record in the space,” said Mara’s boss, while adding “allowed us to move fast, smart and convincing.”
Mara’s new BTC production competitor
In July, Mara was mined 703 Bitcoin – a rare loss to competition Iren, who posted a company record 728 Bitcoin in the same month. Mara’s collapse in labor is likely to be driven by fewer machines active for Bitcoin mining.
However, Mara saw it Income income 64% year-on-year With $ 238 million in the second quarter, while it still holds 50,000 Bitcoin worth about $ 6 billion, making it a bitcoin’s second largest biggest treasury after Michael Saylor’s approach.
Magazine: Dangers to us are ‘front run’ in Bitcoin Reserve by other countries: Samson Mow
