Crusoe Bitcoin Mainer has purchased Easter-Wins power system manufacturer
The How exactly does American mining company Crusoe Energy Systems has acquired a manufacturer of modular data centers and specialized Easter-Electric Energian systems.
The amount of the transaction was not disclosed.
Crusoe controls approximately 100 modular Digital Flare Mitigation installations for bitcoin mining. They work on energy from burning torch gas on oil fields.
According to the press release, the acquisition followed after several years of close cooperation of firms. Since 2020, the manufacturer has been the main supplier for a mining company.
It is assumed that the integration of Easter-Wins will allow Crusoe to optimize the production of installations, their cost, quality and supply chain.
The absorption will also allow you to quickly produce prototypes of new devices, according to a mining company.
The Easter-Wins team in the amount of about 70 employees will join the Crusoe team, which has 172 people.
The mining company plans to additionally invest in personnel, equipment and technologies to increase the performance of the purchased business. The company will also support the implementation of all existing third-party orders.
Recall that in April Crusoe attracted $ 350 million during the round of financing of the series C.
The company became a partner of the Exxonmobil oil giant in a pilot project for the use of torch gas for mining bitcoin.
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