XY Miners completes $300 million in financing

CHALFONT ST PETER, U.K. - April 10, 2025 - PRLog -- XY Miners, a leading global blockchain and high-performance computing technology company, has successfully completed a $300 million financing round led by Sequoia Capital, with participation from Coatue, Kleiner Perkins, OpenAI Startup Fund, GV, Conviction, Elad Gil and REV (the venture capital arm of RELX Group).

The new funding will enable XY Miners to continue investing in innovative solutions, expand its service offerings, and improve operational efficiencies while advancing its sustainable energy mission.

About XY Miners

XY Miners is a leading global blockchain and high-performance computing technology company. XY Miners is committed to providing customers with comprehensive computing solutions. The company handles complex computing-related processes such as equipment procurement, transportation logistics, data center design and construction, equipment management, and daily operations. The company also provides advanced cloud capabilities for customers with high demand for artificial intelligence. XY Miners is headquartered in the UK and has deployed data centers in Kazakhstan, Norway, Russia, and the United States.

Official Website:www.xyminers.com