Bitcoin Miner PrimeBlock Plans to Go Public by Merging With 10X Capital: Report

The potential deal would value the combined entity at about $1.5 billion, Bloomberg reported.

Nov 18, 2021 at 3:30 p.m. UTC
Updated Nov 18, 2021 at 4:05 p.m. UTC

Bitcoin miner Prime Blockchain (PrimeBlock) is said to be in talks to merge with special purpose acquisition company (SPAC) 10X Capital Venture Acquisition, Bloomberg reported, citing people with knowledge of the matter.

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Aoyon Ashraf is crypto mining reporter with more than a decade of experience in covering equity markets