Crypto and HPC data center firm Bitzero has secured new funding to buy Bitcoin miners. The company this week announced it has secured $25 million in funding for its mining operations. The first drawdown of the funding will be allocated to the purchase of 2,900 Bitmain S21 Pro miners, with hardware deployment set to be completed within four to six months.

Bitzero, the company redefining sustainable Blockchain and HighPerformance Compute (HPC) data centers, today announced it has secured $25 million in funding to drive immediate revenue growth and further its mission of setting a new global standard for clean, community-centered mining operations.

Bitzero has secured $25 million in funding to expand its business operations, as the Bitcoin miner and data center operator continues its strategic shift toward high-margin, high-performance computing (HPC) while emphasizing environmental sustainability.

Bitzero, a crypto mining firm backed by Kevin O’Leary, raised $25 million to expand its operations. The company plans to use part of the funding to purchase 2,900 Bitmain S21 Pro miners.

In this special interview, Shark Tank investor and entrepreneur Kevin O’Leary joins Cointelegraph US Reporter Vince Quill for a wide-ranging conversation on the future of artificial intelligence, stablecoins and the battle for technological dominance between the US and China.

Ignoring the reduced customer acquisition costs made possible by AI places businesses at a significant disadvantage, O'Leary said.