PrimeBlock SPAC: Should you Invest?

2 years ago

#PrimeBlock, a bitcoin mining and infrastructure startup, on Friday, agreed to go public in the United States by merging with a blank-check firm in a deal that would value the combined company at $1.25 billion including debt.

The company, which does business as PrimeBlock and operates data centers and crypto mining operations across North America, has secured $300 million in equity financing for the deal from an affiliate of Cantor Fitzgerald & Co.

Timestamp:
00:00 Introduction
04:06 Stats
05:06 Competitor
07:32 Meme Factor
08:49 Bull vs Bear

Loading comments...