France Clears Sale of EDF Data Center Unit to Bitcoin Miner MARA
MARA Holdings Inc. signage on an options contract ticker at the New York Stock Exchange (NYSE) in New York.
Photographer: Michael Nagle/BloombergUS Bitcoin miner MARA Holdings Inc. completed its purchase of a majority stake in a data center unit owned by Electricite de France SA, with the government signing off on condition that a French investor take a stake.
In August, Florida-based MARA and EDF had announced the $168 million deal for the US company to acquire a 64% stake in Exaion. The French government was screening the transaction for potential sovereignty concerns, using its powers to intervene in investment by foreign entities.