Former Bitcoin Miner Firmus Raises $2B to Scale Nvidia-Backed AI Data Centers
Former Bitcoin miner Firmus has raised $2 billion in new equity funding, boosting its post-money valuation to above $10.5 billion as it expands an AI infrastructure business. The round is described as being backed by investors including Nvidia and Blackstone [1] [2].
Firmus said the funding will support AI data center and “AI factory” projects, including work tied to its Project Southgate across multiple locations in Australia. Additional reporting also links the investment to efforts to accelerate expansion of these data center builds [3] [4].
The company’s transition from mining to AI infrastructure is being marked by the latest $2 billion funding round and a valuation reported at over $10.5 billion [1] [2].
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