Nearly broke Bitcoin mining company BTCS raises $1.4m to keep it going…for now
Confirming that there’s a sucker born every minute, Bitcoin mining outfit BTCS, Inc. has raised $1.4 million in a post-IPO equity round led by Cavalry Fund LP.
The funding comes after news via way of a Securities and Exchange Commission (SEC) filing in November that detailed that the company was in serious financial strife and was literally running out of money.
http://siliconangle.com/blog/2015/12/22/nearly-broke-bitcoin-mining-company-btcs-raises-1-4m-to-keep-it-going-for-now/
Topic: [2015-12-22] Nearly broke Bitcoin mining company BTCS raises $1.4m to keep it .. (Read 203 times)
December 22, 2015, 10:24:32 AM
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