Magellan Scientific Raises Equity and Purchases 1,600 MicroBT Whatsminer M30S Servers

BitFrontier Capital Holdings Acquires AsicMinersUS.com (Asic Miners US LLC)

February 14, 2023

E-Commerce

BitFrontier Capital Holdings, Inc. completed the acquisition of Asic Miners US LLC (ASICMINERSUS.COM), a Wyoming-based distributor of cryptocurrency mining hardware that generated over $6 million in 2022. The deal makes Asic Miners US a wholly owned subsidiary as BitFrontier pursues vertical integration by combining hardware distribution with planned liquid-immersion miner hosting facilities across the United States.

Mechanical Technology (MTI) Acquires Soluna Computing

August 12, 2021

Energy

Mechanical Technology, Inc. (MTI) agreed to acquire Soluna Computing, Inc., combining MTI's EcoChain assets with Soluna's renewable-energy-powered modular data center business to form Soluna Holdings. The deal creates a platform focused on ‘green’ batchable computing (cryptocurrency mining, scientific and AI workloads) with a development pipeline of ~350 MW and aims to scale renewable-powered data centers globally.

Atos Acquires Miner & Kasch

April 22, 2020

Data & Analytics

Atos has acquired Miner & Kasch, an AI and data science consulting firm headquartered in Elkridge, Maryland, to strengthen its data science and Data Science-as-a-Service capabilities. The deal brings Miner & Kasch's expertise into Atos' existing zData practice, expanding Atos' pool of AI consultants and accelerating deployment of next-generation data science platforms and industry solutions.

Ampersand Capital Partners Invests in Magritek

March 18, 2021

Medical Devices

Ampersand Capital Partners made a minority growth investment in Magritek, a New Zealand-based maker of benchtop and portable NMR instruments. The investment will support Magritek's product expansion and market growth (including flow chemistry and bioprocess monitoring) while leveraging Ampersand's healthcare-focused private equity expertise.

ENTRUST Solutions Group Acquires Magellan Advisors LLC

November 16, 2022

Telecommunications

ENTRUST Solutions Group has completed the acquisition of Magellan Advisors LLC, a provider of turnkey fiber and broadband planning, engineering, grant writing and network operations services. The deal expands ENTRUST's capabilities in fiber broadband and grid modernization and brings Magellan's broadband program experience into the ENTRUST platform backed by Kohlberg & Company.

CleanSpark Acquires Cheyenne Bitcoin Mining Site in Wyoming

August 1, 2024

Infrastructure

CleanSpark Inc. executed 75 MW of power contracts and completed the acquisition of a Bitcoin mining site in Cheyenne, Wyoming, with an initial 30 MW immersion-cooled data center expected to add over 2 EH/s to its hashrate in 2024. The company is also progressing to close a second Wyoming site that would add an additional 45 MW (≈3 EH/s) once brought online.