Bitcoin Lowe's CEO Party Bitcoin

Arkon Energy Expands Bitcoin Mining Presence With Fundraise and Hydrokraft Acquisition

Reading now: 834

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Energy, a leader in renewable data center infrastructure, has raised $28m in funding and acquired Hydrokraft AS.

Both developments will aid the company in expanding its footprint in the Bitcoin mining industry. Acquiring Hydrokraft is a strategic milestone for Arkon Energy.

Following the acquisition, the company can explore a vertically integrated "green Bitcoin mining" venture. It will focus on sovereign power, geographic diversification, and a versatile balance sheet.

Arkon aims to do better than other leading bitcoin participants who have encountered pitfalls along the way.Hydrokraft is a reputable European data center with an operating capacity of 30MW, which can be increased to 60MW.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News