Crusoe Energy Seeking Loan To Expand Bitcoin Mining Operations

Datacenter firm Crusoe Energy Systems is sounding investor interest for a loan to expand its bitcoin mining business, Bloomberg reported.

The firm is seeking a $100 million to $125 million debt deal backed by Crusoe’s bitcoin mining and generation equipment. Deal discussions are reportedly in the early stages.

Crusoe wants to close an investing deal by the end of 2021 to capture the exponential growth of bitcoin more quickly, the report said. The company is reportedly working with investment bank Ducera Partners LLC.



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