Exaion 64% stake acquisition
Company: Marathon Digital
The claim, verbatim
MARA signed an investment agreement with EDF Pulse Ventures to acquire a 64% stake in Exaion, an EDF subsidiary, for approximately $168 million in cash upfront.
Source (primary)
marathon-digital 8-K exhibit (ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-07)Live source ↗
Quote: “MARA would invest approximately $168 million in cash upfront to acquire a 64% stake in Exaion”
How we checked this
Checked on October 9, 2026. The cited source supports every part of this claim.
The press release states that MARA and EDF Pulse Ventures signed an investment agreement for MARA to acquire a 64% stake in EDF subsidiary Exaion for approximately $168 million in cash upfront.
Confirmed in the source:
- MARA signed an investment agreement with EDF Pulse Ventures
- The agreement allows MARA to acquire a 64% stake in Exaion
- Exaion is a subsidiary of EDF
- MARA would invest approximately $168 million in cash upfront for the 64% stake
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1507605/000164117225023015/ex99-1.htm) in full (8,415 characters, retrieved October 7, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms marathon-digital 8-K exhibit (ex99-1.htm)
Quote: “MARA would invest approximately $168 million in cash upfront to acquire a 64% stake in Exaion”