Bitcoin miner MARA Holdings is in discussions to acquire a 64% stake in French data centre provider Exaion for $168 million, according to Bloomberg.
The investment reflects a shift in the mining company’s priorities amid industry changes. Unlike its competitors, who focus on large data centre infrastructure, MARA is betting on AI inference technologies—data processing technologies for artificial intelligence.
The current owner of Exaion, the investment arm of French energy giant EDF, will retain a stake in the business. The deal also includes an option for MARA to increase its stake to 75% for an additional $127 million.
The company remains the largest miner in the market with a market capitalisation of $5.8 billion.
Cango’s Expansion
Amidst miners’ transition into adjacent sectors, NYSE-listed Cango continues to strengthen its position in mining. The company acquired a 50 MW farm in Georgia for $19.5 million, as stated in a press release.
The acquired facility is fully operational and includes power distribution systems, immersion cooling racks, and maintenance staff. Cango plans to use 30 MW for its own mining and allocate the remaining 20 MW for hosting third-party clients.
Previously, the firm specialised in automotive services in China. In 2025, it rebranded and shifted focus to developing cryptocurrency infrastructure. Recently, Cango joined the “50 EH/s club” alongside MARA and CleanSpark.
As of August 8, the miner’s total reserves amounted to 4678.9 BTC, valued at $561 million. The company mined 149.1 BTC over the past week.
#WeeklyUpdate Cango mined 149.1 #BTC this week, pushing our total bitcoin holdings to 4678.9 BTC.
Staying in full #HODL mode as we close in on 5,000 BTC.#CryptoMining #Bitcoin $CANG pic.twitter.com/4epJQmQ9MJ
— CANGO (@Cango_Group) August 8, 2025
On August 9, bitcoin mining difficulty increased by 1.42% to 129.44 T, setting a new all-time high.