Simplified Update
Marathon Digital (MARA) is close to buying 64% of Exaion, EDF’s high-performance computing and AI arm, for $168 million.
The purchase will be done by MARA France SAS and should wrap up in late 2025 or early 2026 after approvals in France and Canada.
Exaion started by reusing EDF’s supercomputers and now offers HPC and blockchain services. This deal is MARA’s biggest move into AI and HPC as Bitcoin mining gets tougher.