MARA Holdings Inc., the world's largest Bitcoin mining company, is in advanced talks with EDF Pulse Ventures, the venture capital division of Electricité de France (EDF), to acquire a 64% stake in EDF's subsidiary, Exaion, for approximately $168 million in cash. Additionally, MARA holds the option to invest a further $127 million to boost its ownership to 75%. Upon the successful completion of this transaction, EDF will retain a minority stake. This strategic move underscores MARA's ambition to venture into the realm of artificial intelligence as an infrastructure provider.
