Bitcoin miner Mara to acquire majority stake in Exaion in AI, HPC play

MARA Holdings is acquiring 64% of Exaion for $168 million, aiming for 75% by 2027 depending on milestones. This move enhances MARA’s AI and HPC capabilities as Bitcoin mining difficulty increases.

The CEO of MARA believes this partnership with Exaion allows for quicker adaptation in delivering efficient cloud solutions for AI, rather than retrofitting existing mining facilities.

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