Crypto miner backed by Trump sons will list on Nasdaq

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The story "Crypto miner backed by Trump sons will list on Nasdaq" was covered 15 hours ago by Financial Times, a news publisher based in United States.

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Financial Times 15h ago

Crypto miner backed by Trump sons will list on Nasdaq - Financial Times

Quick Summary:

The moves to tap equity investors highlight the revival of the cryptocurrency industry under President Donald Trump, who has promised to make the US the world’s “crypto capital”.

David Bailey, BTC’s chief executive and co-founder, was a driving force in persuading President Trump to speak at his conference in July last year, in which Trump set out many of the promises that won him backing from top crypto executives.

Brandon Lutnick, son of US commerce secretary Howard Lutnick, last month said he would launch a listed bitcoin acquisition vehicle in partnership with SoftBank and Tether.