Luxor Technology Raises $16 Million in Strategic Funding Led by CMT Digital

Luxor Technology, a full-stack hashrate services provider, has completed a $16 million strategic funding round led by CMT Digital, with participation from Canaan, MicroBT, Halo, Steelhead, and several angel investors. Luxor plans to use the funds to expand its agent cloud platform, AI hardware business, and hashrate derivatives trading capabilities, as well as grow its team. The company, which originally served Bitcoin mining firms, is now expanding into GPU and AI server procurement, targeting opportunities arising from the convergence of Bitcoin mining and AI computing markets.