MARA Bets Big on AI with $168 Million Deal for Exaion Stake

MARA Holdings Inc., a company known for its Bitcoin mining operations, is making a significant move into the burgeoning artificial intelligence infrastructure industry. The company has agreed to acquire a majority stake in Exaion, a leading provider of high-performance computing and AI infrastructure services. This deal, valued at $168 million, marks MARA’s transition from a pure Bitcoin mining player to a major player in the fast-growing AI sector.