Luxor Expands Partnership with MicroBT, Commits $100 Million to WhatsMiner Rigs

Luxor Technology Corporation and MicroBT have strengthened their commercial relationship with a major expansion of their partnership. As part of the agreement, Luxor has committed $100 million to purchase WhatsMiner bitcoin mining rigs from MicroBT.

Additionally, MicroBT signed a term sheet to invest in Luxor through its investment manager, Inflection Technology Ltd. The companies have not disclosed the size of this planned investment.