🚀 Bitcoin Infrastructure Acquisition has filed for an IPO!
💰 Goal: to raise $200 million through the sale of 20 million shares at $10
🏝 SPAC in the Cayman Islands — seeking companies in crypto, Web3, and fintech
👨💼 CEO: Ryan Gentry (Lightning Labs, Multicoin Capital)
💼 CFO: James DeAngelis (Kroll, Verus Analytics)
📌 Key Areas:
Wallets, exchanges, asset custody 🏦
DeFi and payments 💳
Tokenization and financial services 🔗
Infrastructure for bitcoin and stablecoins ₿
⏳ The deal must occur within 24 months, otherwise funds will be returned to investors 💵
💡 Previously, Bullish conducted an IPO for $1.15 billion entirely in stablecoins!