Renewable Energy Developer Mint Secures $150 Million Investment to Expand Green Bitcoin Mining and AI Data Centers
According to ChainCatcher, citing PRNewswire, Delaware-based renewable energy developer Green Minting Technologies, known as "Mint," has announced a $150 million investment agreement with GEM Digital. The funds will be used to build a 600-megawatt off-grid renewable energy project to support Bitcoin mining and AI data center operations.
Mint plans to conduct an Initial Exchange Offering (IEO) of its MINT token, aiming to raise $400 million. CEO Alex Wey stated that the MINT token will enable individual investors to participate in large-scale renewable energy mining and computing services at a lower cost, promoting the decentralization of the Bitcoin mining ecosystem. The project will also allocate some resources to develop high-performance data centers supporting AI tools.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Deutsche Bank Questions Bessent's Rate Cut View, Says It Contradicts Fed Models
Whale’s Principal Drops Below $2 Million After Rolling Over $125,000 ETH Longs
Federal Reserve Governor Bowman: Perspectives on Artificial Intelligence and Cryptocurrency Are About to Change
