Latest news with #MARA Holdings
Bloomberg
11-08-2025
- Business
- Bloomberg
Bitcoin-Miner MARA Said to Near $168 Million Deal for EDF Unit
MARA Holdings Inc. is in advanced talks to acquire a majority stake in Exaion from Electricite de France SA as the largest Bitcoin miner looks to extend its reach into artificial intelligence as an infrastructure provider, according to people familiar with the matter. Hallandale Beach, Florida-based MARA is discussing paying about $168 million in cash to acquire a 64% stake in Exaion from EDF Pulse Ventures, the venture arm of the French utility group, said the people, who asked to not be identified because the details aren't public. MARA would also have the option to increase the stake in Exaion to 75% for another $127 million, contingent on certain conditions, said the people. EDF would remain a minority shareholder, the people added.
Yahoo
22-07-2025
- Business
- Yahoo
Trump's company is shockingly one of the top holders of Bitcoin
Trump's company is shockingly one of the top holders of Bitcoin originally appeared on TheStreet. Trump Media & Technology Group or TMTG (Nasdaq: DJT) announced on July 21 that it has added 2 billion worth of Bitcoin to its corporate treasury. With this surprising move, the media company, majority-owned by President Donald Trump, has joined the elite club of the largest corporate holders of the world's largest cryptocurrency. TMTG holds 18,430 BTC worth more than $2 billion at the time of writing as per BitcoinTreasuries, making it the fifth-largest publicly traded corporate holder of Bitcoin. Michael Saylor's Strategy (Nasdaq: MSTR) continues to lead the pack, with $71.2 billion in BTC on its balance sheet. The business intelligence firm turned into a Bitcoin treasury company around 2020 and has since become a pioneer of sorts, paving the way for several other companies around the globe to embrace a Bitcoin treasury strategy. Bitcoin mining firm MARA Holdings (Nasdaq: MARA) is the second on the list, holding $5.86 billion in BTC. The newly launched Bitcoin-centric company, Twenty One (Nasdaq: XXI), is next on this list, holding $4.36 billion in BTC. Another prominent Bitcoin mining firm, Riot Platforms (Nasdaq: RIOT), ranks fourth on the list and holds $2.25 billion in treasury isn't the only crypto venture the Trump family is involved with. Meme coins, crypto exchange-traded funds (ETFs), crypto mining, decentralized finance (DeFi), non-fungible tokens (NFTs) — there is simply no segment in the industry that has escaped them. As the president, Trump has pursued an aggressive pro-crypto agenda. However, the deep involvement of the First Family with several crypto ventures has raised eyebrows from the Democrats. Bitcoin, which hit the record high of $123,091.61 last week, was trading at $117,175.20 at press time. Trump's company is shockingly one of the top holders of Bitcoin first appeared on TheStreet on Jul 21, 2025 This story was originally reported by TheStreet on Jul 21, 2025, where it first appeared. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
