COINTELEGRAPH · 2026-10-27 13:00 UTC

Luxor raises $16M from CMT Digital amid AI-Bitcoin miner convergence

Luxor Technology raised $16 million in a strategic funding round led by CMT Digital, with participation from Canaan, MicroBT, Halo, Steelhead, and angel investors. The company plans to use proceeds to scale its agentic cloud platform, expand AI hardware business, grow compute derivatives trading, and hire staff. Luxor serves Bitcoin miners and has expanded into GPU and AI server sourcing, capitalizing on the convergence of Bitcoin mining and AI computing markets.

Loading the story on Tree News…