500.com, a former Chinese lottery website that turned into a mining business announced the acquisition of BTC.com’s mining pool from Bitmain in a share exchange offer. The offer saw Bitmain acquire 10% of 500.com’s current 44,353,435 Class A ordinary shares of par value US$0.00005 per share. BTC.com was ranked third in terms of hash rate input
While other lidar stocks have zoomed higher following SPAC deals, Colonnade Acquisition (CLA) still trades around $13. Back on December 22, the SPAC agreed to...