Bit Origin, listed as BTOG on Nasdaq, has secured $24.74 million in a deal with ATW Digital Asset Opportunities, selling convertible notes for a new 25 MW bitcoin mining facility ahead of the upcoming halving in April 2024. Anticipating robust revenue by H2 2024, CEO Lucas Wang highlighted the eco-friendly tech integration in their Auspice Project and expressed gratitude for ATW’s support.
Bit Origin Secures $6.74 Million for New Bitcoin Mining Facility in Wyoming
