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.
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