Business · Companies · 1 hr ago

CMT Digital leads $16 million investment round for Luxor

CMT Digital leads $16 million investment round for Luxor

CMT Digital led a $16 million funding round for Luxor, a bitcoin mining firm.

The investment brings new funding to a company in the bitcoin mining industry.

Investor Canaan had already partnered with Luxor to expand financing for institutional miners.

That earlier partnership focused on financing for larger mining operations.

The funding round is the latest development in Luxor’s efforts to serve the mining sector.

The available information does not say how Luxor will use the new investment or what it plans to do next.

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