Satoshi Energy Raises $2M to Power Bitcoin

Satoshi Energy Raises $2M to Power Bitcoin

Technology
January 24, 2022 by mvp00
31
Satoshi Energy Corporation has raised 60 bitcoin in its latest seed round. The company seeks to power bitcoin with renewable energy by connecting data centers with BTC miners. Satoshi Energy Corporation has raised 60 BTC, worth about $2 million at the time of writing, in a seed round led by Stillmark and its founding partner
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  • Satoshi Energy Corporation has raised 60 bitcoin in its latest seed round.
  • The company seeks to power bitcoin with renewable energy by connecting data centers with BTC miners.

Satoshi Energy Corporation has raised 60 BTC, worth about $2 million at the time of writing, in a seed round led by Stillmark and its founding partner Alyse Killeen.

“The seed funding is a significant milestone for our company as we build a market leading strategy for bitcoin miners to procure low cost renewable power and transform the future of energy finance,” Satoshi Energy said in a statement sent to Bitcoin Magazine. “We appreciate the strong support from both our new and earlier investors who bring a wealth of knowledge from the bitcoin and energy industries.”



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