Exaion acquisition
Marathon Digital has acquired Exaion, a company involved in computing power, following a ban on EDF’s resources for artificial intelligence and Bitcoin mining. This acquisition aims to enhance Marathon’s capabilities in the blockchain and cryptocurrency sectors. The move comes as the demand for computing power in these areas continues to grow, despite restrictions imposed on certain energy sources. The acquisition reflects Marathon’s strategy to strengthen its infrastructure and expand its operational efficiency. Details about the transaction or its financial implications were not disclosed.
