Australian Bitcoin miner Arkon Energy completes $110 million financing, led by Bluesky Capital Management

ChainCatcher news, according to Blockworks, Australian Bitcoin miner Arkon Energy has completed a $110 million financing round, led by Bluesky Capital Management, with participation from Kestrel 0x1, Nural Capital, and others. Of this, $80 million will be used for expansion in the United States, while another $30 million will be allocated for an AI cloud service project at a 30MW data center in Norway.

It is reported that Arkon Energy was established in 2019, and according to the crypto asset data platform RootData, it completed a $28 million financing round in November 2022, led by Blue Sky Capital. Subsequently, the company completed a $26 million financing round in June of this year.