Arkon Energy
Arkon Energy is a digital infrastructure company that buys, builds, and operates institutional-grade data centers helping power the Bitcoin network.
- Late Stage Private
Arkon Energy is a digital infrastructure company that buys, builds, and operates institutional-grade data centers helping power the Bitcoin network.
Arkon Energy US Holdco LLC finalizes a term sheet for the planned listing of its US portfolio. The company, formerly known as Arkon Energy Ohio LLC, formalizes this agreement as part of its expansion strategy. The move aims to streamline operations and enhance market access for its energy-related assets.
Mar 2024PR NewswireNews article
Arkon Energy secures $110 million in private funding to expand its US bitcoin mining operations and introduce an AI cloud service in Norway. The company, specializing in data center infrastructure, plans to scale its capacity with the new capital. CEO Josh Payne announced the funding exclusively to TechCrunch.
Dec 2023TechCrunchNews article
Arkon Energy acquires US mining operations from a global digital asset service provider, expanding its hosted hashrate capacity. The new facility in Hannibal, Ohio, targets up to 100 MW in the first phase and 200 MW in the second, potentially adding **3.3 exahash per second (EH/s)** to its network by year-end 2023. The move strengthens Arkon’s position in North American Bitcoin mining infrastructure.
Jun 2023Cohen & Company Capital MarketsNews article
Arkon Energy secures **$26 million** in new capital to accelerate its global expansion as a data center infrastructure provider. The funding supports scaling operations and infrastructure development worldwide. The company specializes in designing and deploying energy-efficient solutions for data centers.
Jun 2023PR NewswireNews article