Eight Major Alliance Investment Institutions
Last updated
Last updated
DogeBank has successfully attracted joint investment and strategic partnership from eight renowned global institutions:Hut 8 Mining (Canada)、Canaan Inc. (CAN)、Marathon Patent Group、Riot Blockchain、HIVE Blockchain、Dialog Semiconductor (USA)、Northern Data、MiningCity.
These institutions, all industry leaders in blockchain, mining, and semiconductor technologies, bring with them not only capital but also technological expertise, resource networks, and global influence.
In the initial phase, these alliance partners jointly contributed an investment of $150 million USD, focusing on the Dogecoin computing power industry as the core entry point. The primary purpose of this capital injection is to support the development of the AI Super Computing Aggregation Network Alliance. Upon completion, this infrastructure will be capable of delivering stable, large-scale computing power at the billion-level scale, serving as a foundational engine for DogeBank’s diversified Web3 ecosystem.
This powerful alliance not only provides DogeBank with robust financial backing, but also establishes a strategic synergy platform that integrates mining, AI, hardware manufacturing, and financial services—accelerating innovation, global expansion, and industry leadership.
●Hut 8 Mining
Incorporated on June 9, 2011, under the laws of British Columbia, Hut 8 Mining is a cryptocurrency mining company operating industrial-scale Bitcoin mining facilities in Canada. It offers investors direct exposure to Bitcoin without the technical complexities or restrictions of purchasing the underlying asset. Investors are not required to create online wallets, transfer funds offshore, or securely store their Bitcoin. Hut 8 uses BlockBoxes—modular, portable shipping containers equipped for Bitcoin mining—which are easy to upgrade to next-generation silicon technologies. The company employs intelligent response systems to shut down inefficient machines during periods of low profitability. In January 2018, it went public through a reverse merger and is now listed on the Toronto Stock Exchange, with a market capitalization of over USD 400 million.
●Canaan Inc. (CAN)
Canaan Inc.is a renowned Chinese manufacturer of Bitcoin ASIC mining machines, best known for its Avalon brand. Founded in 2013, it initially developed SHA-256-based FPGA products before launching Avalon ASIC miners. Canaan has partnered with SMIC, Samsung, and TSMC, and has since expanded into AI-focused divisions. It went public on the NASDAQ in November 2019, with a market capitalization of approximately USD 590 million.
●Marathon Patent Group
Marathon Patent is a professional cryptocurrency mining company and one of the largest Bitcoin miners in North America, focused on blockchain ecosystems and digital assets. It operates a mining facility in Quebec, Canada. Founded in February 2010, Marathon is headquartered in Las Vegas, Nevada, and has a market cap of about USD 760 million.
●Riot Blockchain
Riot Blockchain, founded on July 24, 2000, and headquartered in Castle Rock, Colorado, is a Bitcoin mining company with a market cap of around USD 820 million. Riot supports the Bitcoin blockchain through rapid expansion of its large-scale mining operations in the U.S. It aims to scale its operations by increasing its mining hash rate and infrastructure capacity. In 2020, Riot partnered with Coinmint, a North American hosting firm. In 2018, it began transitioning to mining by acquiring a facility in Oklahoma and 7,500 Antminer S9s.
●HIVE Blockchain
HIVE Blockchain is one of the world’s leading mining companies and a growth-oriented firm listed on the Toronto Stock Exchange. It bridges the blockchain industry and traditional capital markets. HIVE operates cutting-edge green energy data centers in Canada, Sweden, and Iceland, continuously mining newly minted cryptocurrencies such as Bitcoin and Ethereum in the cloud. Its deployments offer shareholders mining profits and a diversified crypto portfolio. HIVE started trading on the TSX Venture Exchange in September 2017, with a market cap of over USD 1 billion.
●Dialog Semiconductor
Dialog Semiconductor is a leading provider of standard and custom integrated circuits (ICs) for Internet of Things (IoT) and Industrial IoT applications. With proven expertise, Dialog enables next-generation devices through advanced battery management, Bluetooth® Low Energy, Wi-Fi, flash memory, and configurable mixed-signal ICs. These solutions improve power efficiency, reduce charging times, and enhance performance and productivity.
●Northern Data AG
Northern Data AG is a publicly listed mining company in Germany that develops and operates global infrastructure solutions in the field of high-performance computing (HPC). With custom-tailored solutions, the company supports a range of HPC applications, including Bitcoin mining, artificial intelligence, blockchain, big data analytics, IoT, and rendering. As a multinational operator, it is now one of the global leaders in HPC solutions. Its infrastructures are deployed in both large-scale data centers and mobile high-tech units worldwide. The company has a market cap exceeding USD 1 billion.
●Miningcity
Founded in 2019, MiningCity is a global platform that leases cryptocurrency mining hash power. With deep experience and technical expertise, MiningCity has earned the trust of users worldwide and has become one of the most dynamic and successful companies in its field today.