Marathon Holdings Negotiates Stake Acquisition in Électricité de France Subsidiary Exaion
JH Kim
Summary
- Marathon Holdings has reportedly entered final negotiations to acquire a stake in Exaion.
- The negotiations involve acquiring 64% of Exaion's stake for approximately $1.7 billion.
- Exaion is a company that provides high-performance computing data centers as well as cloud and AI infrastructure.
According to Bloomberg on the 11th (local time), Bitcoin (BTC) mining company Marathon Holdings (formerly Marathon Digital) has entered final negotiations to acquire a stake in Exaion, a subsidiary of Électricité de France (EDF).
Marathon Holdings is discussing the acquisition of a 64% stake in Exaion from EDF's venture investment unit for approximately $1.7 billion.
Exaion develops and operates high-performance computing data centers and provides cloud and AI infrastructure.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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