Bitcoin Mining Company Rhodium Looking to Go Public Via SilverSun Merger

The Texas-based bitcoin mining giant is entering a merger agreement with SilverSun Technologies, a publicly-traded business technology solutions provider, as Rhodium is planning to list on Nasdaq after an initial delay.

Part of the terms of the deal includes each SilverSun shareholder will receive a cash dividend of a minimum of $1.50 per share, approximately equal to $8.5 million. The shareholders will also get one share of a stock dividend in a newly created SilverSun subsidiary called SWK Technologies.“We believe this strategic transaction will unlock long-term accretive value for Rhodium’s shareholders. We believe access to U.S.

“We also believe that it provides our stockholders with the opportunity to realize a substantial upfront cash payment while continuing to benefit from the value of our existing businesses and provides them with the opportunity to participate in the potential upside of Rhodium at an exciting time for the cryptocurrency market.”

Rhodium, which develops proprietary software and liquid cooling technology to self-mine bitcoin, has been planning an initial public offering since 2021. However, the companyCrypto Winter Affecting Bitcoin Mining Companies

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Bitcoin Mining Industry Reveals Mergers, Hashrate Increases, and New Facilities Amid Market Downturn – Mining Bitcoin NewsWhile crypto market prices are down, bitcoin mining operations are expanding at a rapid pace during the market downturn. 🚀Thankss a millon Lol, I only listen to ChiefraFba for signals and analysis There are plenty call channels paid to promote BSC projects Most are a waste of money due to lack of work or knowledge There a few who know the space and make a project thrive & survive The few OfficialTravlad VenomCrypto_ GollumsGems CRYPT_BOSSY CaesarsCalls Who else?
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