Overview
- Bloomberg previously reported a cash consideration of roughly $168 million for the controlling stake.
- NJJ Capital took a 10% stake in MARA France, with Xavier Niel and MARA CEO Fred Thiel joining Exaion’s board.
- Exaion’s board will include three MARA appointees, three from EDF Pulse Ventures, one from NJJ, plus Exaion’s CEO and co‑founder.
- EDF, through EDF Pulse Ventures, remains a minority shareholder and continues as an Exaion customer.
- The partners aim to scale secure cloud and high‑performance computing services across Europe as Bitcoin mining difficulty jumped about 15% and MARA prepares to report earnings next week after a record $123 million prior‑quarter profit.