France Clears Sale of EDF Data Center Unit to Bitcoin Miner MARA

US Bitcoin miner MARA Holdings Inc.completed its purchase of a majority stake in a data center unit owned by Electricite de France SA, with the government signing off on condition that a French investor take a stake.

In August, Florida-based MARA and EDF had announced the $168 million deal for the US company to acquire a 64% stake in Exaion. The French government was screening the transaction for potential sovereignty concerns, using its powers to intervene in investment by foreign entities.

Read More: French Government Asks for Deeper Review of MARA Buy of EDF Unit

French billionaire Xavier ...