🚀 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!

#BTC #news