MARA Holdings, Inc. (NASDAQ: MARA) has signed an investment agreement with EDF Pulse Ventures to acquire 64% of the shares in Exaion, an EDF subsidiary. The transaction includes an option for MARA to increase its stake to 75% by 2027, marking its strategic entry into AI and high-performance computing infrastructure.
Exaion specializes in secure cloud solutions and AI infrastructure, collaborating with industry leaders like NVIDIA and Deloitte. This acquisition enables MARA to leverage Exaion's technological expertise for global commercial deployment, meeting the growing demand for enterprise-level HPC services.
EDF will retain a minority stake and continue as a customer, highlighting its confidence in Exaion's growth trajectory. MARA CEO Fred Thiel stated: "This partnership opens up new data center capabilities," emphasizing the transaction's role in expanding the company's technological landscape.
