Key Takeaways:
Itau Ventures invested up to $10M in Minter for mobile data centers that mine bitcoin. Brazil lost $1.2B to 20% energy curtailment in 2025, a market Minter targets. CEO Stefano Sergole plans to grow Minter to 500MW capacity by 2029 across Brazil and the U.S. Brazil’s Itau Invests In Bitcoin and Data Center Company MinterMinter takes hardware that is normally confined to a fixed location and combines it with mobile containers, turning these activities into initiatives that can be executed directly where renewables are generated.
“The Itaú seal helps encourage energy generators to feel comfortable opening their minds to the fact that a flexible data center within the parks can be a portfolio strategy,” said Stefano Sergole, CEO and founder of Minter.
While the company is serving one customer at the moment, Sergole estimates that by the end of this year, Minter could reach 40MW capacity in its operations, with the number climbing to 500MW by 2029.
