, the company that pioneered bitcoin mining by using wasted natural gas as a power source, raised $505 million in a new funding round to expand its operations throughout the U.S. and internationally.
The Denver, Colorado-based miner raised $350 million in a Series C equity offering led by climate technology venture capital firm G2 Venture Partners, according to a statement. Crusoe also closed credit facilities, expandable to up to $155 million, with SVB Capital, Sparkfund and Generate Capital. “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,” said Chase Lochmiller, CEO and co-founder of Crusoe Energy.
The company will use the new funds to expand its “Digital Flare Mitigation” technology across the U.S. and internationally, as well as launch a new cloud computing platform, called CrusoeCloud, where energy-intensive High-Performance Computing systems will be powered by flare gas and renewable energy sources. CrusoeCloud will be launched publicly later this year, Lochmiller said.by the World Bank’s Global Gas Flaring Reduction Initiative report, has several mobile sites across the U.S.
CrusoeEnergy Aoyon_A 📣 Time to buy PUN. 🎰Amazing UX/UI, 💰Great reward system ✅Decentralized gaming ✅Gambling platform ✅Staking program ✅NFT for games and rewards - SOON PuntCrypto CryptoPunt P2E Polygon
CrusoeEnergy Aoyon_A CryptoPunt PuntCrypto $PUN Decentralized gaming and gambling No KYC Fun, fair and fast..
CrusoeEnergy Aoyon_A PuntCrypto - $PUN Poker, blackjack and roulette all launch this month guys! This video looks incredible! You can even stake your $PUN and be the house! CryptoPunt PlayToEarn $PUN blockchaingaming P2E decentralized gaming GameFi NFTs
CrusoeEnergy Aoyon_A Recycling in mining can be a very good future for the crypto industry.
CrusoeEnergy Aoyon_A $PGIRL has been amazing and is doing wonders after it presale, A good project you need to check out, You could also take part in the NFT minting event taking place on the 29th of April pandagirltoken pandagirl nft nftart giveaway BTC ADA ETH SHIB babydoge
CrusoeEnergy Aoyon_A Hey guys Y'all go buy your $BTC on the AltbaseApp that way it will be very secured you can also buy all your altcoins there too BSC Cryptonews
CrusoeEnergy Aoyon_A XMetaverse_ X-Metaverse is a blockchain game developed by Cocos3D and can run on Android, iOS and PC. All game content items and characters are based on blockchain tokens and NFTs. The visual effects and gameplay of X-Metaverse are inspired by StarCraft and Star Wars.
CrusoeEnergy Aoyon_A Wasted natural gas? Is it not better to use it to power people's homes and provide heat than mine an out of date technology I guess he wouldn't make his money that way though...
CrusoeEnergy Aoyon_A ⚽️ MiniFootball 👟 MiniFootballFamily ❤️ MiniFootballArmy 💟 MiniFootballBSC ⚽️⚽️⚽️⚽️⚽️⚽️⚽️⚽️⚽️⚽️⚽️⚽️ Contrect:👇👇👇👇👇👇👇👇👇 0xD024Ac1195762F6F13f8CfDF3cdd2c97b33B248b
CrusoeEnergy Aoyon_A ください。頑張ってk
CrusoeEnergy Aoyon_A Sheesh! Top down screaming out money ain’t a thang!
CrusoeEnergy Aoyon_A Want to do me a big favour? Like my most recent tweet on my profile!