Business
LOKO: Revenue surged in 2025, funding ASIC development and setting up for commercial expansion in 2026
LOKO: Revenue surged in 2025, funding ASIC development and setting up for commercial expansion in 2026
About this update from Lokotech Group As
Revenue more than doubled in 2025, driven by Powerpool Mining SL, while the group posted a net loss due to R&D and option expenses. The company raised NOK 139 million, advanced its ASIC development, and strengthened its balance sheet, positioning for commercial scale-up in 2026.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.