Australian mining company Arkon Energy completes $26 million financing, with Sandton Capital Partners participating.

BlockBeats News reported on June 20th that Australian data center infrastructure provider Arkon Energy has completed a $26 million financing round with participation from Sandton Capital Partners. The company is expanding its business to the United States through the acquisition of a site in Ohio. The designed capacity of the data center is 100 megawatts (MW), and the aim is to safeguard digital assets from theft and private key compromise. Previously, as reported by BlockBeats, Australian mining company Arkon Energy announced a $28 million financing round led by Blue Sky Capital in November 2022.