Bitfury Raises $80 Million in Private Funding Round

[kreslik.news]

Bitfury, a San Francisco-based provider of blockchain infrastructure, has raised $80 million from selected investors.

From Latvia to Dubai

The money was raised in a ‘private placement’, a fundraising campaign that involves the sale of stock to high net worth institutions such as hedge funds, banks and insurance companies.

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In this case, the money was raised from a number of investment companies. They were: Korelya Capital, of France, a subsidiary of Korean corporation Naver Group; Macquarie Capital of Australia; Dentsu Inc. of Japan; Armat Group of Luxembourg; Jabre Group of Dubai; Lian Group of Hong Kong; ... (read more)