TechFlow news, August 12 — According to Bloomberg, Bitcoin mining company MARA Holdings Inc. will acquire a 64% stake in Exaion, the tech subsidiary of French power company EDF, for $168 million in cash. Under the agreement, MARA has the option to invest an additional $127 million to increase its ownership to 75%. EDF will continue to retain a minority stake. The acquisition aims to expand MARA's business footprint in the artificial intelligence infrastructure sector.
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