Startup Arkon Energy Raises $28M to Further Expand Into Bitcoin Mining

Startup Arkon Energy Raises $28M to Further Expand Into Bitcoin Mining


The financing was a combination of senior debt and equity capital and included some returning investors such as Kestrel 0x1 as well as new ones, including Shima Capital, the company said in a statement. The startup has also bought Hydrokraft AS, a renewable energy-based data center in Norway, without disclosing the terms of the deal.

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