Bitcoin Miner Future Dao to Go Public Via SPAC Merger - News Summed Up

Bitcoin Miner Future Dao to Go Public Via SPAC Merger


By Dean SealThe blockchain company Future Dao Group Holding Ltd. has reached a deal to go public by merging with Metal Sky Star Acquisition Corp., a special purpose acquisition company. The Bitcoin miner said Wednesday that the deal values it at $350 million and is expected to close later this year. When the transaction closes, Future Dao will trade on the Nasdaq Stock Market.


Source: Wall Street Journal April 12, 2023 16:39 UTC



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