Arkon Energy, an Australian Bitcoin mining company, has completed a $110 million financing round with Bluesky Capital Management as the lead investor.

According to BlockBeats news on December 23, Australian Bitcoin mining company Arkon Energy has completed a $110 million financing round, with Bluesky Capital Management leading the investment and Kestrel 0x1, Nural Capital, and others participating. Of the total amount, $80 million will be used for expansion in the United States, and another $30 million will be used for an AI cloud service project in a 30MW data center in Norway. Arkon Energy was established in 2019 and completed a $28 million financing round led by Bluesky Capital in November 2022. The company then completed another $26 million financing round in June this year.