MARA Acquires Majority Stake In Exaion

MARA Holdings completed its purchase of a 64% stake in French cloud and computing operator Exaion, finalizing the August 2025 deal after regulatory approvals, the company said on Friday. The transaction gives NJJ Capital a 10% stake in MARA France, keeps EDF as a minority shareholder and customer, and installs a mixed board; MARA said the move deepens its AI and cloud infrastructure push.