The French Ministry of Finance has approved MARA Holdings to acquire a 64% stake in Exaion, a data center subsidiary of Electricite de France, for approximately $168 million. The transaction was previously delayed due to national sovereignty review concerns but was ultimately approved after meeting the relevant regulatory conditions. After the deal is completed, MARA will further expand its data center, high-performance computing, and Bitcoin mining infrastructure in Europe. (Bloomberg)
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The French Ministry of Finance has approved MARA Holdings to acquire a 64% stake in Exaion, a data center subsidiary of Electricite de France, for approximately $168 million. The transaction was previously delayed due to national sovereignty review concerns but was ultimately approved after meeting the relevant regulatory conditions. After the deal is completed, MARA will further expand its data center, high-performance computing, and Bitcoin mining infrastructure in Europe. (Bloomberg)