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Bitfury, one of the oldest Bitcoin mining group just completed a $2bn SPAC merger and will go LIVE on NASDAQ in an hour! Ticker GWAC

Bitfury, one of the oldest Bitcoin mining group just completed a $2bn SPAC merger and will go LIVE on NASDAQ in an hour! Ticker GWAC



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  1. tldr; Cipher Mining on Friday said it will go public through a merger with blank-check firm Good Works Acquisition Corp in a deal that values the combined company at $2 billion. The deal will provide the merged entity with gross cash proceeds of $595 million, which includes $425 million from investors including Fidelity Management & Research Company and Morgan Stanley’s Counterpoint Global. The combined company is expected to be listed on the Nasdaq under the ticker symbol ‘CIFR’.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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