You are currently viewing Crypto Miner PrimeBlock’s CEO Has Left Firm After Canceled SPAC Deal: Sources

Crypto Miner PrimeBlock’s CEO Has Left Firm After Canceled SPAC Deal: Sources



PrimeBlock didn’t give any reason for the termination of the merger. However, the crypto space as a whole has been under pressure amid falling prices, and that’s caused pain in mining, squeezing profits among other things. Another miner, Gryphon Digital Mining, also recently terminated its own takeover deal with a SPAC, citing market conditions as one of the main reasons.



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