Crusoe at $276M revenue
TL;DR: Sacra estimates that Crusoe will generate $276M in revenue in 2024, up 82% YoY. Powered by cheap electricity from stranded natural gas, Crusoe pivoted away from its origins in Bitcoin mining to meet demand for AI compute in 2023—today, they’ve become the #2 GPU cloud behind CoreWeave in terms of capital raised. For more, check out our full report and dataset on Crusoe...
First published on 2/18/2025
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