Satoshi Energy Raises $2M to Power Bitcoin

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  • Satoshi Energy Corporation has raised 60 bitcoin in its latest seed round.
  • The company seeks to power bitcoin with renewable energy by connecting data centers with BTC miners.

Satoshi Energy Corporation has raised 60 BTC, worth about $2 million at the time of writing, in a seed round led by Stillmark and its founding partner Alyse Killeen.

“The seed funding is a significant milestone for our company as we build a market leading strategy for bitcoin miners to procure low cost renewable power and transform the future of energy finance,” Satoshi Energy said in a statement sent to Bitcoin Magazine. “We appreciate the strong support from both our new and earlier investors who bring a wealth of knowledge from the bitcoin and energy industries.”

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