Mint Announces $150 Million Investment Commitment And Initial Exchange Offering
The post Mint Announces $150 Million Investment Commitment And Initial Exchange Offering appeared on BitcoinEthereumNews.com.
BETHESDA, Md., Aug. 19, 2025 /PRNewswire/ — Green Minting Technologies, Corp. (“Mint”), announced today the strategic investment commitment of up to $150 Million USD with GEM Digital Limited through a token subscription agreement to develop a state-of-the-art, 600-Megawatt, off-grid, renewable energy, Bitcoin mining and AI datacenter project. The partnership is set to accelerate Mint’s mission of bringing renewably-powered cloud computing to the masses through its $MINT token, which enables tokenholders to buy compute power by the hash in order to leverage low-cost, renewable energy to power applications like Bitcoin mining on Application-Specific Integrated Circuits (“ASICs”) or training Artificial Intelligence (“AI”) on Graphics Processing Units (“GPUs”). As part of the $150 Million USD investment commitment, Mint will be listing its $MINT tokens on a number of the leading centralized exchanges in its Initial Exchange Offering (“IEO”), where it is targeting to raise $400 Million USD. “Mint is re-democratizing the Bitcoin mining landscape by fractionalizing the energy and computing infrastructure into $MINT Tokens. In the beginning, Bitcoin mining was truly distributed across individual users. As Bitcoin mining infrastructure becomes increasingly expensive, individual users can’t compete, particularly at today’s retail energy prices. Through this partnership with GEM, we can deploy our $MINT Tokens to enable individual users to gain the benefit of renewable, scaled operations – without the upfront costs associated with developing utility-scale energy generation and datacenter infrastructure. Bitcoin mining can now be powered by the masses once again, thanks to the $MINT Token,” said Alex Wey, CEO and co-founder. As part of the 600-Megawatt project, Mint will dedicate a portion of the infrastructure to developing a Tier III/IV datacenter to host GPUs and power AI tools, alongside its core Bitcoin Mining operations. To learn more about $MINT, the project, and about how to participate in this Initial Exchange Offering and its Presale,…
Filed under: News - @ August 19, 2025 2:30 pm