Flared Gas Bitcoin Mining Pioneer Crusoe Energy Raises $505 Million
Crusoe Energy raised $505 million in a series C round led by G2 Venture Partners to help the miner expand and diversify its energy sources.Crusoe Energy raised $505 million in a clean energy-focused investment round to enable the company to focus on large-scale bitcoin mining. The round, led by G2 Venture Partners, provided $350 million in equity and $155 million in corporate credit capacity. G2 Venture Partners will join the board of directors at Crusoe and said the funding will allow the miner “to continue innovating its industry-leading technology.”Crusoe Energy, one of the pioneers in....
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On Thursday, the bitcoin mining and flare gas mitigation firm Crusoe Energy Systems Inc. revealed it secured $505 million in new capital from strategic investors. According to the announcement, the Series C equity funding round was led by the climate technology venture capital firm G2 Venture Partners (G2VP).
Crusoe Energy Systems Secures $505 Million From Strategic Investors
Following the report that said Crusoe Energy Systems was working on a gas-to-bitcoin mining pilot with the gas giant Exxon, Crusoe has announced the company has raised $505 million in new funding. The....
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy announced on Wednesday that it acquired the operating assets of Great American Mining (GAM). The acquisition gives Crusoe over 10 megawatts (MW) of mining capacity and 4,000 ASIC mining rigs. Digital Flare Mitigation Firm Crusoe Energy Acquires Great American Mining’s Assets, Acquisition Adds Approximately 9% to Company’s Capacity On October 12, 2022, the digital flare mitigation (DFM) company Crusoe Energy announced that it has acquired the assets of Great American Mining (GAM). Through the deal, not only....
Crusoe, a Denver-based bitcoin mining company, is deploying equipment to capture flared gasses in Muscat, Oman.
The Denver-based gas-to-bitcoin infrastructure company Crusoe Energy is suing the rival firm Alkane Midstream LLC over alleged patent infringement and poaching customers in Colorado. Crusoe’s lawsuit claims since November 2019, “Alkane was actively monitoring Crusoe and its business.”
Crypto Flare Mitigation Company Crusoe Files a Lawsuit Against the Texas-Based Alkane Midstream
Gas-to-bitcoin flare mitigation company Crusoe Energy filed a lawsuit against the company Alkane Midstream on August 22, 2022. The gas-to-bitcoin infrastructure firm is asking the....
Crusoe, a data center company dedicated to mitigating gas flaring, is reportedly seeking a loan to expand its bitcoin mining operations.