The post Bitzero Raises $25M to Expand Crypto Mining Operations appeared first on Coinpedia Fintech News
Crypto mining company Bitzero, backed by investor Kevin O’Leary, has raised $25 million to scale its mining operations. The funds will be used to purchase 2,900 advanced Bitmain S21 Pro miners, boosting the company’s mining capacity and efficiency. This expansion underscores strong investor confidence and aims to generate an estimated $10 million in additional annual revenue. Bitzero focuses on sustainable mining, utilizing hydroelectric and low-carbon energy across its facilities in North America and Europe.