KnCMiner Gets $14 Million Series A From Nordic Venture Capitalist Firm

KnCMiner Gets $14 Million Series A From Nordic Venture Capitalist Firm

KnCMiner, the well-known manufacturer of bitcoin mining equipment, has announced the closing of a $14 million USD Series A investment round let by Creandum, a Nordic venture capital firm. International technology investment bank GP Bullhound was said to have acted as the "exclusive financial adviser" to KnCMiner on this particular investment. According to KnC, the huge eight-figure investment will allow the company to expand their mining operations, but also provide consumers with bitcoin-related services. The company did not elaborate on just what those services were. "We are delighted to....


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Quotes

Back in 1994 when Amazon was just getting started the bricks-and -mortar merchants were asked how they would respond to Amazon. They were asked "What’s your Internet strategy?" And their collective response was along the lines of ... "Our what?" It’s 2012. The question now is ... "What’s your Bitcoin strategy?"

Stephen Gornick