MiningStore Secures $3.4M from Millennium Infrastructure Fund, Fast-Tracking Path to 62.5 MW by Year-End
Debt fund-backed expansion bolsters MiningStore's Bitcoin mining network across MISO and SPP markets.
WEST BURLINGTON, Iowa, Sept. 29, 2025 /PRNewswire/ -- MiningStore announced a $3.4 million strategic loan from Millennium Infrastructure Fund, a specialized infrastructure debt fund. The loan will accelerate the development of a 10 MW dual-grid Bitcoin mining facility. This financing positions MiningStore to reach 62.5 MW of operational capacity by December 2025, a 45% increase in six months.
The three-year loan funds the construction of a new 5 MW hydro-cooled Bitcoin mining facility connected to the MISO grid, hosting initially over 800 mining slots and has the capacity to expand to 10 MW in the future. The facility is projected to be operational by December 1st, 2025, marking a significant milestone in MiningStore's expansion efforts.
INSTITUTIONAL MOMENTUM
"We view Bitcoin mining as infrastructure-grade deployment," said Bill MacNamara, President of Millennium Infrastructure Fund. "Our investment underscores the fund's commitment to resilient, scalable digital infrastructure."
The Millennium partnership represents the institutional evolution of Bitcoin mining from speculative ventures to sophisticated infrastructure investments.
"We are witnessing Bitcoin mining mature from startup venture to institutional infrastructure play," added JohnPaul Baric, CEO of MiningStore. "Millennium's involvement signals that world-class financial institutions recognize mining's role in the digital economy."
The investment comes as institutional investors increasingly view Bitcoin mining as critical digital infrastructure.
MISO AND SPP GRID ADVANTAGE
MiningStore's expansion leverages regional power market advantages:
- 5 MW hydro-cooled capacity in MISO, engineered for maximum performance
- Expansion potential of 5 MW air-cooled capacity in SPP, optimized for cost efficiency
This strategy provides operational resilience while capitalizing on SPP's historically lower energy costs and MISO's baseload stability with minimal curtailment risk.
The Millennium Infrastructure Fund partnership represents a pivotal moment for Bitcoin mining's institutional evolution. Where early mining operations relied on speculative funding, MiningStore's structured approach attracts sophisticated capital seeking exposure to digital asset infrastructure through proven operational models.
SCALING INSTITUTIONAL INFRASTRUCTURE
With seven facilities operational and four launching by year-end, MiningStore has established credibility through consistent execution across turnkey hosting and custom institutional deployments.
Immediate hosting capacity is available for qualified institutional and individual clients seeking secure, scalable Bitcoin mining infrastructure.
ABOUT MININGSTORE
Founded to professionalize Bitcoin mining infrastructure, MiningStore operates over 10,000 miners across Iowa's power grid with institutional-grade reliability. The company's platform, Managed Mining Program, Hosting Services, and Remote Hands deployments transform complex mining operations into accessible investment opportunities. MiningStore bridges traditional finance and digital asset infrastructure through operational excellence and scalable service delivery.
CONTACT:
(877) 467-7780 – 401827@email4pr.comm
https://miningstore.com/
ABOUT MILLENNIUM INFRASTRUCTURE FUND
Millennium Infrastructure Fund is a specialty infrastructure debt fund providing upfront construction and bridge financing to regional and rural broadband infrastructure developers, including data centers, offering institutional-grade capital, engineering expertise, materials sourcing, and project logistics.
Contact: bill.macnamara@fttxfund.com
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SOURCE MiningStore