Kevin O’Leary-Backed Bitzero Raises $25M to Scale Crypto Mining
1Adoption
Bitcoin
Mining
The fresh funding will go toward the purchase of 2,900 Bitmain S21 Pro miners.
Crypto Journalist
Amin Ayan
Crypto Journalist
Amin Ayan
About Author
Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has...
Author Profile
Share
Copied
Last updated:
July 24, 2025
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
Bitzero, the crypto mining company supported by investor and TV personality Kevin O’Leary, has raised $25 million to accelerate the expansion of its mining infrastructure.
Key Takeaways:
Bitzero secured $25 million to expand its crypto mining operations with energy-efficient hardware.
The company plans to deploy 2,900 miners, generating an estimated $10 million in annual revenue.
Bitzero continues to position itself as a leader in sustainable mining.
The fresh funding will go toward the purchase of 2,900 Bitmain S21 Pro miners, which are high-performance machines known for their energy efficiency, operating at 15 joules per terahash, the company announced Wednesday.
Bitzero said deployment is expected within four...
https://cryptonews.com/news/kevin-oleary-backed-bitzero-raises-25m-to-scale-crypto-mining-operations/
#crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT!
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple