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Renewable energy developer Mint secures $150 million investment to expand into green Bitcoin mining and AI data centers.
CoinVoice has recently learned that, according to PRNewswire, Green Minting Technologies" Mint "—a renewable energy developer in Delaware, USA—has announced a $150 million investment agreement with GEM Digital. The funds will be used to build a 600 MW off-grid renewable energy project, supporting Bitcoin Mining and AI data center operations.
The Mint project plans to conduct an Initial Exchange Offering (IEO) through its MINT token, aiming to raise $400 million. The company's CEO, Alex Wey, stated that the MINT token will enable individual investors to participate in large-scale renewable energy Mining and computing services at a lower cost, promoting the decentralization of the Bitcoin mining ecosystem. The project will also allocate some resources for the development of high-performance data centers that support AI tools.