Nvidia-backed company nearly doubles valuation in new funding round
Reported by Yahoo Finance · finance.yahoo.com · August 7, 2026
Former Bitcoin miner Firmus has raised $2 billion in fresh equity funding, nearly doubling its valuation as investors continue pouring capital into artificial intelligence infrastructure. The Aug. 7 funding round included follow-on participation from Nvidia and Coatue Management, alongside funds ...
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What to watch: This report cites a concrete figure ($2 billion) — compare it against the trailing trend before treating one data point as a turning point.
Market reaction today: $NVDA -2.91%
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