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Bitcoin Miner MARA Makes Power Play: Snags Majority Stake in EDF’s HPC Subsidiary (H.C. Wainwright)
Bitcoin Miner MARA Makes Power Play: Snags Majority Stake in EDF’s HPC Subsidiary (H.C. Wainwright)
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MARA just turned up the heat. The Bitcoin mining giant is diving headfirst into high-performance computing (HPC) by acquiring a majority stake in a subsidiary of French energy titan EDF—because why let Wall Street have all the fun with sideways bets?
High-stakes pivot or hedging strategy? The move signals MARA’s ambition to diversify beyond volatile crypto rewards—smart, given Bitcoin’s recent 30% quarterly swings. H.C. Wainwright’s report hints at synergies: think cheap nuclear-powered data centers meets Bitcoin’s insatiable appetite for energy.
Meanwhile, traditional finance bros are still arguing about ‘blockchain, not Bitcoin.’ Too late—miners are eating their lunch, one kilowatt at a time.
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