archiveM&A

The management team of OTC-traded Bitcoin Shop, Inc. (BTCS) has agreed to voluntarily cancel all 12,450,000 of their options, representing all of the Company's outstanding options, ahead of the Company's anticipated merger with clouding mining and hardware firm, Spondoolies-Tech. Charles Allen, Chief Executive Officer of BTCS, commented: As we continue...

Bitcoin Shop, Inc, or BTCS for its OTCQB ticker, recently signed a Letter of Intent (LOI) to merge with bitcoin mining tech company Spondoolies-Tech Ltd. BTCS hopes to build a fully integrated transaction verification services business using Spondoolies' state-of-the-art bitcoin mining technology.Both companies believe the anticipated combination of BTCS and...

Coin Outlet Inc is acquiring LibertyX's ATM network. The four LibertyX machines will be rebranded as Coin Outlet ATMs but will still remain in their existing locations. LibertyX launched the very first Bitcoin ATM in the United States at Boston's South Station, only a year ago. LibertyX Co-Founder Chris Yim...

ASIC and mining data center firm BitFury Group has signed a definitive agreement to acquire Allied Control, a Hong Kong-based technology startup that builds advanced immersion cooling systems for supercomputing and data center applications. In two years, blockchain transaction processing or cryptocurrency mining has evolved through several hardware generations arriving...