⛏ BITCOINMINNG FIRM LUXOR RAISES $16M to EXPAND INTO AI COMPUTE ⠀ One of Bitcoin's largest infrastructure companies is delving deeper into artificial intelligence. Luxor Technology has raised $16 million in a strategic funding round led by CMT Digital. Participants also included major Bitcoin mining hardware companies: Canaan - MicroBT - Halo / Steelhead ⠀ Luxor built its business around Bitcoin mining infrastructure. Its existing operations include: ⠀ • Mining Pools - ASIC Hardware Trading - Dosing Software - Energy Services - Plant Markets - Derivatives ⠀ Now the same infrastructure is being extended to AI COMPUTE ⠀ Luxor says the Bitcoin Mining Hardware Table has already traded more than & #036;1 BILLION of ASIC equipment. ⠀ Its energy business manages more than 75 megawatts of load across the US electricity markets. And its cloud platform has already taken in $1.8 million this year through September. The new funding will help to expand: • Artificial hardware - Cloud computing - Derivatives Compute Market Making - Engineering ⠀ Important: Luxor is not abandoning Bitcoin mining. The bigger story is convergence. ⠀ Bitcoin Miners have spent years building expertise around: POWER + HARDWARE + DATAS + COMPUTE MARKETS ⠀ AI now needs exactly the same ingredients. Bitcoin mining infrastructure becomes infrastructure for a larger economy. @BitcoinNews.

⛏ BITCOINMINNG FIRM LUXOR RAISES $16M to EXPAND INTO AI COMPUTE ⠀ One of Bitcoin's largest infrastructure companies is delving deeper into artificial intelligence. Luxor Technology has raised $16 million in a strategic funding round led by CMT Digital. Participants also included major Bitcoin mining hardware companies: Canaan - MicroBT - Halo / Steelhead ⠀ Luxor built its business around Bitcoin mining infrastructure. Its existing operations include: ⠀ • Mining Pools - ASIC Hardware Trading - Dosing Software - Energy Services - Plant Markets - Derivatives ⠀ Now the same infrastructure is being extended to AI COMPUTE ⠀ Luxor says the Bitcoin Mining Hardware Table has already traded more than & #036;1 BILLION of ASIC equipment. ⠀ Its energy business manages more than 75 megawatts of load across the US electricity markets. And its cloud platform has already taken in $1.8 million this year through September. The new funding will help to expand: • Artificial hardware - Cloud computing - Derivatives Compute Market Making - Engineering ⠀ Important: Luxor is not abandoning Bitcoin mining. The bigger story is convergence. ⠀ Bitcoin Miners have spent years building expertise around: POWER + HARDWARE + DATAS + COMPUTE MARKETS ⠀ AI now needs exactly the same ingredients. Bitcoin mining infrastructure becomes infrastructure for a larger economy. @BitcoinNews.