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Crusoe Energy sells bitcoin mining unit to NYDIG to focus on AI - TECHTELEGRAPH

Summary by TECHTELEGRAPH
Cully Cavness, Crusoe’s co-founder and chief operating officer, and Chase Lochmiller, co-founder and chief executive officer. Crusoe Energy/Andrew Schmitt Seven years ago, the founders of Crusoe Energy set out to solve a dirty problem. Their mission was to take gas burned off by oil producers, convert it into electricity, and use that power to mine bitcoin. It turned into a good business. But then came the artificial intelligence boom, and Crus…
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Crusoe Energy sells bitcoin mining unit to NYDIG to focus on AI - TECHTELEGRAPH

Cully Cavness, Crusoe’s co-founder and chief operating officer, and Chase Lochmiller, co-founder and chief executive officer. Crusoe Energy/Andrew Schmitt Seven years ago, the founders of Crusoe Energy set out to solve a dirty problem. Their mission was to take gas burned off by oil producers, convert it into electricity, and use that power to mine bitcoin. It turned into a good business. But then came the artificial intelligence boom, and Crus…

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TECHTELEGRAPH broke the news in on Sunday, March 30, 2025.
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