Android app Apple app link

Crusoe Energy sells bitcoin mining unit to focus on 'huge opportunity' in AI

By CNBC   |   1 month ago
Crusoe Energy sells bitcoin mining unit to focus on 'huge opportunity' in AI

Crusoe Energy's co-founders Chase Lochmiller and Cully Cavness shifted focus from bitcoin mining to artificial intelligence. They offloaded the mining operation to NYDIG, becoming a major equity holder in the combined entity valued at $7 billion. Crusoe now emphasizes AI infrastructure.

Read More

Did you find this insightful?

Premium Content

This content is only available for premium members. Please become a paid member to access.

Download App

To become a member, please download and purchase membership through our app.