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A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining

By Liam 'Akiba' Wright at 2026-09-29 01:36

Sentiment: Negative

July output was worth roughly $1.16 million at Aug. 21 spot prices before unsettled hosting costs, as interest begins on $16 million of seller notes. The post A $22.9 million capital deficit threatens to derail an energy firm’s pivot to off-grid Bitcoin mining appeared first on CryptoSlate. Continue reading...

Categories: Analysis

Tags: #Analysis #Deals #Debt #Featured #Mining #Bitcoin #BTC #mining #payments #regulation

Source CryptoSlate