MARA Strengthens Its Presence in European Digital Infrastructure After Completing Acquisition of Exaion

MARA recently announced the completion of a significant transaction in France, where its local subsidiary has acquired a 64% stake in Exaion. The deal, initially negotiated in August 2025, marks an important milestone in the group’s expansion strategy in the European digital infrastructure sector. Valued at $168 million in cash, MARA positions itself as a key player in developing critical technological capabilities for the continent.

MARA France Strengthens Its Dominance in Operations

The structure of the deal reflects a multi-actor alliance within the European digital ecosystem. NJJ Capital has become a strategic partner in MARA France, securing a 10% stake in the entity. Meanwhile, EDF Group maintains its presence as a minority shareholder and an important client of Exaion, ensuring operational continuity. The French government carefully supervised this transaction due to considerations regarding national sovereignty in critical digital infrastructure.

Corporate Governance Reinforced with Prominent Figures

Exaion’s new governance model reflects its shareholders’ commitment to high-level management. Xavier Niel, a renowned billionaire entrepreneur, has joined the board of directors, alongside Fred Thiel, CEO of MARA. The board also includes representatives from EDF Pulse Ventures, NJJ Capital, and Exaion’s co-founder, creating a diversified oversight structure that combines business, operational, and technological expertise.

Boosting Cloud Services and High-Performance Computing

The strategic collaboration aims to energize Exaion’s expansion and enhance its capabilities in secure cloud services and advanced computing infrastructure. This focus positions the French-based company as a leader in developing digital solutions for the European market, addressing the growing demand for secure and sovereign technology across the continent.

MARA Demonstrates Financial Recovery

MARA’s recent performance suggests a renewed focus on maximizing value for shareholders. In 2025, MARA’s stock experienced a correction of approximately 40%, reflecting market volatility. However, in the previous quarter, the company achieved a record profit of $123 million by integrating its Bitcoin mining operations with new assets in energy and artificial intelligence. Upcoming quarterly results are expected to provide further clarity on the company’s trajectory in these converging segments.

EDF Group, which supplies energy and services to nearly 41 million customers worldwide, projects consolidated sales of €113.3 billion for 2025. This operational scale supports MARA’s position within the European energy-digital ecosystem.