B4BITCOIN
07/25 05:52
Kevin O’Leary-Backed Bitzero Raises $25M to Scale
Kevin O’Leary-Backed Bitzero Raises $25M to Scale Bitcoin Mining Infrastructure
Bitzero raised $25 million to expand its clean crypto mining operations across North America and Europe.
The firm will deploy 2,900 Bitmain S21 Pro miners, aiming to add $10 million in annual revenue.
Backed by Kevin O’Leary, Bitzero focuses on owning its infrastructure and running on low-carbon energy.
Bitzero, a crypto mining company backed by Shark Tank’s Kevin O’Leary, has raised $25 million to grow its mining and data center operations across North America and Europe.
The company plans to use part of the funds to buy 2,900 Bitmain S21 Pro miners, aiming to deploy them in the next four to six months. Once live, the new hardware is expected to generate around $10 million in extra annual revenue, helping the company lower its already competitive breakeven point.
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