Cipher Mining CEO Tyler Page discusses his company going public via SPAC. He also talks about how much Bitcoin the company plans on mining. He speaks to Emily Chang on “Bloomberg Technology.”
It was another busy week for the SPAC market with numerous deal announcements and rumored deals. The market brought down the valuation of many SPACs late in the week.
Newly formed bitcoin mining operation Cipher Mining Technologies announced it will go public in a merger with blank-check company Good Works Acquisition. The deal values the combined entity at $2 billion.