MARA has completed its acquisition of a 64% stake in French computing infrastructure operator Exaion, deepening its push into AI data centers as Bitcoin mining margins face pressure from rising costs and network difficulty.
MARA Holdings has completed its acquisition of a 64% stake in France-based Exaion, signaling a broader push from Bitcoin mining into AI data center infrastructure as miners seek more stable revenue beyond hashprice volatility.
According to CoinGecko, Coinbase is the only major publicly traded crypto exchange with a $71.2B market cap, accounting for 63.6% of all listed blockchain firms. Yet all public blockchain companies represent just 5.8% of the total crypto market.
CoinGecko reports that Coinbase, with a $71.2B market cap, is the only major publicly traded crypto exchange and the largest listed blockchain firm, far exceeding rivals. All public blockchain companies represent just 5.8% of the total crypto market.
MARA Holdings is set to report Q1 earnings with expected losses due to Bitcoin's 25% decline. However, investor attention shifts to its AI and HPC transition, including a $1.5B Long Ridge energy acquisition and Starwood partnership.
Bitcoin reached a fresh all-time high above $126,000, while major mining stocks including HIVE, MARA, CleanSpark, and Riot outpaced BTC gains. Investors are increasingly valuing miners for their Bitcoin exposure, infrastructure assets, and AI computing potential.
Crypto miners HIVE Digital raises $115M via zero-coupon convertible notes for AI data center expansion; Keel Infrastructure sells its 70MW Paraguay site for ~$13M, exiting Latin America to focus on North America AI infrastructure. Shares up ~7%.
Hive Digital raised $115M via zero-interest convertible notes for AI/HPC data centers. Keel Infrastructure sold its Paraguay site for ~$13M, exiting Latin America to focus on North American AI infrastructure. Both stocks rose ~7%.
