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Bitcoin miner IPO demands 99.8% of funds from public buyers while handing them just 10% equity

CryptoSlate
Bitcoin miner IPO demands 99.8% of funds from public buyers while handing them just 10% equity

The preliminary S-1 compares $30,000,005 from new investors with $45,000 from existing holders and leaves buyers immediately diluted. The post Bitcoin miner IPO demands 99.8% of funds from public buyers while handing them just 10% equity appeared first on CryptoSlate.

Key Takeaways

  1. The preliminary S-1 compares $30,000,005 from new investors with $45,000 from existing holders and leaves buyers immediately diluted.
  2. The post Bitcoin miner IPO demands 99.8% of funds from public buyers while handing them just 10% equity appeared first on CryptoSlate.
  3. Read the full article for additional context and details.
Read Full Article on CryptoSlate

Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.