The bitcoin mining company, Crusoe is eyeing the US and international expansion among other objectives with the latest financing round.
Denver-based Bitcoin miner Crusoe Energy Systems has announced closing a $350 million Series C equity offering.
The new capital would help the company’s expansion of Digital Flare Mitigation data centers, which now stand at 86 across the US and other parts of the world. At the same time, the firm wants to remain aligned with the clean computing infrastructure in a bid to minimize both the costs and the environmental impact of the rapidly growing digital economy.
The capital provided in this Series C financing unlocks Crusoe’s ability to execute on key elements of our vision, specifically it enables us to expand and diversify our energy sources, computing workloads, and vertical integration.”
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