Luxor and MicroBT Deepen Partnership with $100 Million Mining Rig Deal and Strategic Investment

Gate News message, April 27 — Luxor Technology Corporation, a bitcoin mining infrastructure firm, announced on Sunday (April 20) a significant expansion of its partnership with MicroBT, committing $100 million to purchase WhatsMiner mining rigs. As part of the deal, MicroBT has signed a term sheet to invest in Luxor through its investment manager Inflection Technology Ltd.; the investment size was not disclosed.

Luxor is also expanding support for MicroBT WhatsMiner machines through its LuxOS firmware. The new firmware features include power target transitions that can be completed in 30 to 60 seconds while continuing hash operations, and improved ramp-up time during curtailment events. WhatsMiner operators using LuxOS will gain access to Luxor's broader suite of services, including mining pool, hashrate derivatives, energy services, and Luxor Commander for fleet management.

Luxor said it will roll out LuxOS support for WhatsMiner rigs in phases. The company's firmware currently runs on more than 300,000 bitcoin mining rigs globally. Beyond mining, Luxor has also expanded into AI infrastructure, offering GPUs, servers, storage, and networking solutions to support miners building AI and high-performance computing infrastructure.