Exaion controlling stake acquisition
Company: Marathon Digital
The claim, verbatim
Marathon Digital purchased a controlling stake in Exaion for $174.5 million in cash
Source (primary)
MARA vs Bitcoin and Why the Miner Is Not Leveraged Bitcoin - Phemex (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗
Quote: “It bought a controlling stake in Exaion for $174.5 million cash on 20 February 2026”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The document states directly that MARA bought a controlling stake in Exaion for $174.5 million cash on 20 February 2026, matching every part of the claim.
Confirmed in the source:
- MARA (MARA Holdings) bought a controlling stake in Exaion
- The purchase price was $174.5 million in cash
- The transaction is dated 20 February 2026
What we did: Read our cached copy of the publisher (https://phemex.com/academy/mara-vs-bitcoin-miner-not-leveraged-bitcoin) in full (16,912 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms MARA vs Bitcoin and Why the Miner Is Not Leveraged Bitcoin - Phemex
Quote: “It bought a controlling stake in Exaion for $174.5 million cash on 20 February 2026”