MARA Holdings has finally pulled the trigger on a whopping 64% stake in Exaion! Yes, you heard that right. They’re now the big cheese in European AI and high-performance computing infrastructure. I hope they brought their berets!
On February 20, 2026, MARA France completed this delightful acquisition-after a formal thumbs-up from the French government. Who knew red tape could be so stylish? And let’s not forget NJJ Capital, which has jumped in with a cozy 10% stake in MARA France. Meanwhile, the EDF Group is still clinging on as a minority shareholder and primary customer, like a cat that refuses to let go of its favorite toy.
The deal reportedly went down for around $168 million in cash. That’s right folks, cash! Exaion is strutting its stuff with four snazzy data centers and a jaw-dropping 37 petabytes of storage! That’s enough space to store every cat video ever made and still have room for your grandma’s lasagna recipe.
“The purpose of the partnership… is to accelerate Exaion’s expansion [and] enable Exaion-based in France-to emerge as a European leader in digital infrastructure,” according to the joint announcement. Because who doesn’t want to be a leader? It’s like being the captain of a sinking ship, but with better Wi-Fi!
🧭 FAQs
• What percentage of Exaion did MARA Holdings acquire in this deal? MARA France officially snagged a 64% controlling stake in the French computing firm. That’s a majority, folks!
• What was the total valuation of the majority stake acquisition? The transaction for the controlling interest was reportedly valued at approximately $168 million. Chump change, right?
• Which other major investor participated in the strategic partnership? Xavier Niel’s NJJ Capital acquired a 10% minority stake in the MARA France entity. Not too shabby for a little investment!
• Will the original parent company remain involved with Exaion? The EDF Group remains a minority shareholder and will continue as a client. It’s like an unwanted houseguest, but hey, they bring snacks!
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2026-02-22 11:56