The company is transforming by acquiring a majority stake in Exaion, a French AI and high-performance computing firm, as it adapts to changing Bitcoin mining markets. Its share price has been volatile, falling significantly over the past month but rebounding recently as it sharpens its strategic focus on AI and infrastructure. The firm is noted for its low-cost, vertically integrated strategy, which contrasts with competitors who are making rapid pivots and heavy capital expenditures.