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Bitcoin Miner MARA Expands into AI Infrastructure

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Bitcoin mining firm Marathon Digital Holdings (MARA) has acquired a 64% stake in French computing infrastructure operator Exaion, marking a strategic expansion into AI and cloud services. This move reflects a broader industry trend where Bitcoin miners are diversifying revenue streams beyond cryptocurrency mining, leveraging their existing data center expertise and energy infrastructure to capture growth in high-demand computing sectors.

The acquisition positions MARA to capitalize on the booming AI and cloud computing markets while potentially stabilizing earnings against Bitcoin's volatility. This pivot toward diversified data center operations could enhance long-term sustainability for mining companies, though execution risks and capital allocation efficiency remain key considerations for investors monitoring this sector evolution.

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