• Bitcoin mining firm Core Scientific is going public via SPAC in a $4.3 billion deal

    4 days ago - By Business Insider

    Lars Hagberg/Getty Images
    Crypto mining firm Core Scientific is going public via a SPAC in a deal that values the combined entity at $4.3 billion.
    The mining firm will merge with Power and Digital Infrastructure Acquisition Company.
    Core Scientific operates proprietary mining facilities and hosts digital asset mining hardware for customers.
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
    Core Scientific, one of North America's largest crypto miners , is going public via a SPAC merger in a deal that values the combined entity at $4.3 billion, the firm said in a...
    Read more ...

     

  • Zoom may invest in a $5 billion SPAC deal to take event-manager Cvent public, report says

    4 days ago - By Business Insider

    Kena Betancur/Getty Images
    Zoom is a potential investor in a SPAC deal that could take Cvent public, Bloomberg reported.
    The video-conferencing group is apparently vying for a 10% stake.
    Zoom recently announced a $14.7 billion deal to acquire Five9 in its biggest acquisition yet.
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
    Zoom is in discussions to invest in a $5 billion blank-check deal that would take event-management software company Cvent public, Bloomberg reported on Wednesday. The popular video-conferencing app is a potential investor in Dragoneer...
    Read more ...