MARA Acquires Exaion, Expands AI and Cloud Footprint

BTC4,16%
HIVE3,97%
  • MARA now owns 64% of Exaion, with EDF staying as client and NJJ Capital joining as a strategic partner.

  • Bitcoin miners shift to AI and cloud services to offset tighter margins after 2024 halving and rising network difficulty.

  • Mining difficulty surged 15% after storms, showing crypto volatility while firms invest heavily in AI data centers.

MARA Holdings is accelerating its push into artificial intelligence and cloud computing by acquiring a majority stake in French data center operator Exaion. The deal, first agreed in August 2025 with EDF Pulse Ventures, gives MARA France a 64% stake after securing all regulatory approvals, the Bitcoin miner announced on Friday. French energy giant EDF will remain a minority shareholder and continue as a client.

Additionally, NJJ Capital, the investment arm of telecom entrepreneur Xavier Niel, will acquire a 10% stake in MARA France, creating a broader strategic partnership. MARA CEO Fred Thiel and Xavier Niel will both join Exaion’s board, alongside representatives from EDF Pulse Ventures and MARA, ensuring governance reflects the new ownership structure.

Bitcoin Miners Pivot to AI Amid Economic Pressure

Bitcoin mining companies are increasingly shifting toward AI and high-performance computing as traditional mining faces margin pressures. After the 2024 halving reduced block rewards and rising network difficulty squeezed profits, several miners now pursue hybrid models.

Hence, mining remains a cash-flow engine, while AI cloud operations provide more stable revenue. HIVE Digital Technologies reported strong results even during weaker Bitcoin prices, backed by expanding AI services.

CoreWeave similarly pivoted from GPU mining to become a major AI infrastructure provider. Moreover, firms such as TeraWulf, Hut 8, IREN, and MARA are repurposing mining facilities and energy capacity into AI data centers, signaling a broader industry trend.

Energy, Infrastructure, and Market Dynamics

The transition also coincides with volatile Bitcoin network conditions. Mining difficulty rose roughly 15% to 144.4 trillion on Friday, reversing an earlier 11% drop triggered by winter storms that disrupted U.S. power grids. Consequently, many miners went temporarily offline, sharply reducing hash rates.

Additionally, CleanSpark announced plans to raise up to $1.28 billion through a senior convertible note offering to expand its mining and data center operations. This combination of infrastructure investments and capital inflows highlights the growing convergence of crypto mining and AI computing.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Drift Protocol: begins developing a recovery plan, participates in the STRIDE security program

Drift Protocol is developing a recovery plan to stabilize the situation and protect affected users, and to participate in the STRIDE security program by the Solana Foundation. This attack was orchestrated by a North Korean intelligence organization named AppleJeus, involving social engineering and technical infiltration, resulting in an estimated loss of about $285 million in funds, highlighting that the DeFi ecosystem faces major security challenges.

MarketWhisper2h ago

The market predictor ADI Predictstreet will launch on April 9, and has become the official World Cup 2026 partner.

Gate News update: On April 8, according to the ADI Predictstreet official website, the prediction market platform ADI Predictstreet will go live officially on April 9. Previously, the platform had reached a multi-year cooperation agreement with FIFA, becoming the official prediction market partner for the 2026 World Cup.

GateNews2h ago

Drift Protocol announced a hacker incident recovery plan and will participate in the Solana Foundation STRIDE security mechanisms

Gate News update: On April 8, Drift Protocol posted an update on the incident response process for the hack. Drift said that it is currently actively working with asymmetric research and OtterSec to develop a coordinated and aligned recovery plan. At this stage, the primary focus is to stabilize the situation and provide protocol-level assurances for all affected users and partners. In addition, Drift will participate in a security mechanism under the Solana Foundation.

GateNews2h ago

Jupiter launches a token verification API, supporting integration with Launchpad, DEX, and AI agents

The decentralized exchange aggregator Jupiter launched a Token Verification API (VRFD) on April 8, allowing developers to implement programmatic verification during token creation. The API uses a three-step process; developers must burn 1,000 JUP tokens to submit a verification request, and it requires no Gas fees. The initiative aims to become the standard foundational infrastructure for Solana projects.

GateNews3h ago

Sky Protocol proposes two major structural upgrade plans to strengthen the capital protection framework

Sky Governance submitted two upgrade proposals on April 7, aiming to strengthen the protocol’s capital protection by implementing a stronger solvency-capability buffer and a sustainable staking rewards model, improving long-term stability and focusing on credibility rather than short-term returns.

GateNews3h ago

DeepSeek launches two new features: a quick mode and an expert mode

Gate News message, April 8, DeepSeek’s website and app launched two new modes early this morning. Among them, the Quick mode is for everyday conversation scenarios, providing instant responses; the Expert mode is designed for complex problems and supports deep-thinking functionality, but it requires waiting during peak hours and does not support attachment or voice upload.

GateNews4h ago
Comment
0/400
No comments