BlockMetrix, LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

BlockMetrix, LLC — overview

Assets Under Management

Type

Portfolio Company

Location

Dallas, TX, US

Alternative Asset Classes

PE

About

Based in Texas, US, and founded in 2021 by its Chief Executive Officer, Nevin Bannister, Manager, David Kiger, and Keith Spickelmier, BlockMetrix, LLC operates as a provider of a bitcoin mining company. In March 2022, BlockMetrix, LLC raised USD 43 million in series B funding from unspecified investors. BlockMetrix uses mining rigs to mine cryptocurrency, bitcoin. The company has created highly valued direct partnerships with the most competitive mining equipment manufacturers. The company plans to use the March 2022 funding to buy 5,000 bitcoin mining rigs and grow rapidly by using the maximum amount of available capital and debt to buy mining rigs.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.