Renewable energy developer Mint secures $150 million investment to expand into green Bitcoin mining and AI data centers

ChainCatcher news, according to PRNewswire, American renewable energy developer Green Minting Technologies "Mint" announced a $150 million investment agreement with GEM Digital. The funds will be used to build a 600 MW off-grid renewable energy project to support Bitcoin mining and AI data center operations.

Mint 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 to develop high-performance data centers that support AI tools.