It adds to a prior agreement in which Riot bought 33,280 miners from MicroBT. The term sheet was also updated, allowing Riot to buy another 265,000 miners in the future.
Category: Merger
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Stablecoin issuer Circle weighing up 2024 public launch: Report
Circle initially agreed to go public as part of a $4.5 billion merger in July 2021 but that deal fizzled out.
Hut 8 receives green light from Canadian Supreme Court for USBTC merger
The Supreme Court of British Columbia has given Hut 8 final clearance to complete a proposed merger with USBTC.
Hut 8 merger would’ve happened even without FTX or crypto turmoil, says CEO
Falling crypto prices have forced many crypto miners to cut costs or consolidate in order to survive the crypto winter.
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Circle denies blaming SEC for shuttered $9B plan to go public
A Jan. 25 report from the Financial Times which was widely shared characterized Circle as having “blamed” the SEC for its “jettisoned” public listing plan.
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Crypto exchange WonderFi confirms merger talks with Coinsquare
The exchanges are yet to finalize a potential merger, with WonderFi releasing a public statement in response to market speculation and a surging share price.
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Blockchain fintech GammaRey signs $320M merger agreement
Superhero cans merger with Swyftx citing regulatory scrutiny
Superhero assured its users that their funds are safe and that neither their personal data nor assets were provided to Swyftx.
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Bitcoin Depot says SPAC merger will continue as planned after solid revenue growth
The firm’s revenue increased by 25.25% to $497.2 million in the first nine months of 2022.
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Ripple to consider deals for FTX assets: Brad Garlinghouse
Brad Garlinghouse, CEO of Ripple, said the company would be interested in companies owned by FTX that serve business customers.
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