Wu has learned that Bitcoin mining service provider Luxor Technology announced on October 27th that it has completed a $16 million strategic financing round, led by CMT Digital, with participation from Canaan, MicroBT, Halo, Steelhead, and angel investors. This round included new share financing and the transfer of existing equity; the specific proportions and company valuation have not yet been disclosed. The financing will be used to expand its AI hardware business, cloud computing platform, computing power derivatives trading, and market-making business. Luxor previously launched Luxor AI in September, expanding its existing Bitcoin mining-related hardware, energy, and computing power services into the AI infrastructure market. https://www.(wublock123.com)/news/bitcoin-mining-service-provider-luxor-completes-16-million-financing-led-by-cmt-digital-70801