MARA’s Exaion deal could bar EDF from Bitcoin mining, AI and cloud for two years: Report
Crypto Briefing
MARA's acquisition of Exaion may restrict EDF from Bitcoin mining, AI, and cloud services for two years.Summary
Marathon Digital (MARA) announced in August its acquisition of a 64% stake in Exaion, a subsidiary of Électricité de France (EDF), for about $168 million, as part of MARA's expansion into AI and high-performance computing (HPC) infrastructure. However, an investigation revealed a clause in the sale agreement that, if finalized, would prohibit EDF from engaging in any HPC activities for two years. This restriction reportedly covers Bitcoin mining, AI computing, cloud services, and even energy supply or support for HPC companies, potentially impacting French AI projects like Mistral AI, raising concerns about French technology and energy sovereignty.
(Source：Crypto Briefing)