[UPDATE: March 10, 2022]

The Industry and Company

A crypto-mining and blockchain infrastructure provider (The "Company") experienced rapid growth.

The Situation

The Company sought financing for transformers and switchgear that distributed power to IT equipment within the Company’s data centers.

The Result

Atalaya provided $20 million in financing through an FMV lease. Atalaya built conviction in the Company as well as the collateral.