MARA Advances International Growth Strategy with Leadership Appointments and Regional Headquarters in Europe

Core Insights - MARA Holdings, Inc. has appointed Gérard Mestrallet as Senior Advisor and François Garcin as General Manager of Europe, establishing Paris as its new European headquarters, marking a significant step in its international growth strategy [2][3] Company Developments - The appointment of Mestrallet and Garcin is aimed at enhancing MARA's impact in the European energy sector, leveraging their extensive experience in energy and technology [3][4] - Mestrallet has a notable background, having served as Chairman and CEO of ENGIE for over 20 years and holding various board positions with major companies, which positions him well to guide MARA's European initiatives [3][4] - Garcin, with over 20 years of experience in finance and technology, will oversee MARA's European operations and is focused on establishing joint ventures with leading European energy companies [4][5] Strategic Goals - The company aims to align its computing technologies with the resources of European energy majors, particularly in electricity generation across multiple regions including the U.S., Europe, the Middle East, and Asia [4] - The establishment of the European headquarters in Paris is seen as a foundation for MARA's growth in the evolving landscape of AI and energy [5]