RE:RE:RE:RE:RE:RE:RE:RE:RE:This Cannot be Good...I'm aware that GLXY invested into Hut 8, Mike Novagratz also helped with the 80M investment into
Bitfury, And Earlier funding rounds raised more than $100 million for Bitfury. Bloomberg, citing people familiar with the matter, reported last month that the company is considering an initial public offering in Amsterdam, Hong Kong or London. If it conducts the IPO in the next two years, Bitfury will seek a valuation of $3 billion to $5 billion. Genesis Mining hasn't raised money since 2013, if I'm not mistaken. And it seems like they may use Hive has that vechicle,
take Genesis public via rto, take them private, or bankrupt them "although not likely."
IMO. Time will tell per usual.
Derthebear wrote: Glxy invested 16m in hut 8 .. wonder if they could throw a lifeline to hive ? Good luck to you as well my friend