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Mining Firm MARA Plans to Acquire $168 Million Stake in French Power Company's AI Subsidiary

By: theblockbeats.news|2025/08/12 00:52:03

BlockBeats News, August 12th, according to Bloomberg, Bitcoin mining firm MARA Holdings Inc. will acquire a 64% stake in Exaion, a technology subsidiary of the French electricity company (EDF), for $168 million in cash. Under the agreement, MARA can also choose to make an additional investment of $127 million to increase its stake to 75%. The French electricity company will retain a minority shareholder status. This acquisition aims to expand MARA's business presence in the artificial intelligence infrastructure field.

Payment company Stripe is collaborating with Paradigm to develop the "Tempo" blockchain.

Yesterday's Grayscale BTC net inflow was $14.2 million, with GBTC netting $7.5 million.