
Bitcoin Miner MARA Steps Into HPC With Majority Stake in EDF Subsidiary: H.C. Wainwright
MARA Holdings (MARA) is making a surprise pivot from its bitcoin mining roots, announcing late Monday that it will acquire a 64% stake in Exaion, a high-performance computing (HPC) subsidiary of French energy giant EDF, broker H.C. Wainwright said in a research report Tuesday. While MARA has long floated the idea of helping power companies balance grid loads, H.C. Wainwright analyst Kevin Dede said he expected that to remain within a mining-centric strategy, not a direct plunge into HPC buildouts. But with bitcoin halving events looming in 2028 and 2032, and artificial intelligence (AI) demand driving premium returns on compute…








