Flared Gas Bitcoin Mining Pioneer Crusoe Energy Raises $505 Million

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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