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# MARA nears 64% takeover of EDF's sovereign cloud unit Exaion
- URL: https://sovereigntymonitor.eu/news/2026-02-20-mara-exaion-stake/
- Published: 2026-02-20T12:00:00.000Z
- Updated: 2026-09-01T10:51:07.000Z
- Description: MARA France, backed by Nasdaq listed MARA Holdings, said all conditions precedent were met for it to hold 64% of Exaion, EDF Pulse Ventures' sovereign cloud and AI compute unit; EDF stays a minority shareholder and client; closing due within days, terms undisclosed.
- Author: Reidar Balstad
- Tags: Industry, investment and R&D, Compute and infrastructure, #news, #verified

Verified [MARA Holdings Inc. press release, 20 February 2026](https://ir.mara.com/news-events/press-releases/detail/1415/edf-pulse-ventures-joins-forces-with-mara-and-njj-to-support-a-new-phase-of-exaions-development-and-strengthen-its-industrial-and-technological-momentum?ref=sovereigntymonitor.eu)

**What it does not test.** This does not establish that the acquisition has actually closed, the purchase price, or whether Exaion's operations move under US jurisdiction.

**How this item counts.** Towards dependence: it changes who owns. Binding 2 of 3 (agreed or funded), scale 2 of 3 (medium), Verified counts in full: weight -4 of 36 possible. Nasdaq-listed MARA nears 64% of EDF's sovereign cloud unit Exaion, deal agreed. [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/)