French Finance Ministry Approves MARA's Acquisition of Exaion

2026-01-28 10:19

The French Finance Ministry has approved MARA's acquisition of a 64% stake in Exaion, a data center division of the French state-owned utility company EDF. The approval includes a non-compete clause that restricts EDF from engaging in commercial high-performance computing, artificial intelligence, and Bitcoin mining operations for two years post-transaction. EDF is also prohibited from investing in companies providing these services but can supply electricity or develop related technologies for internal use.

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