Azimut, an independent group in asset management, has secured a €105 million investment for Alps Blockchain, an Italian company specializing in Bitcoin mining. The funding will be used to increase computing power production and promote the energy transition. This investment follows a previous round of €40 million in 2023. Azimut’s support demonstrates private investors’ trust in the growth potential of Alps Blockchain. The Italian company has experienced significant growth, with an increase in machines and revenue. It now has a presence in Italy, Paraguay, Ecuador, and Oman. The investment from Azimut will support the international expansion of Alps Blockchain and contribute to the development of the mining sector in Italy.
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Alps Blockchain obtains €105 million investment from Azimut
