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Bitcoin Miner MARA Makes Power Play: Snags Majority Stake in EDF’s HPC Subsidiary (H.C. Wainwright)
Bitcoin Miner MARA Makes Power Play: Snags Majority Stake in EDF’s HPC Subsidiary (H.C. Wainwright)
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MARA isn't just digging for crypto anymore—it's diving headfirst into high-performance computing. The Bitcoin miner just grabbed a controlling stake in a subsidiary of French energy giant EDF, signaling a bold pivot beyond blockchain.
Why HPC? Because even crypto cowboys need a hedge.
The move—brokered via H.C. Wainwright—lets MARA tap into EDF’s energy infrastructure while diversifying its revenue streams. Smart? Maybe. Desperate? Wall Street analysts are already sharpening their 'I told you so' tweets about miners chasing shiny objects.
One thing’s clear: When your core business depends on volatile digital assets, you either innovate or become a cautionary meme. MARA’s betting on the former—with a side of French nuclear-powered compute.
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