Bitcoin Shop Invests $1.5M into Spondoolies-Tech as Part of Merger Plan

By May 19, 2015Bitcoin Business

(BTCS), a U.S.-based bitcoin transaction verification service, announced it has invested US$1.5M into Israeli digital currency server manufacturer Announced in late-April, the merger of Bitcoin Shop, Inc. with Spondoolies-Tech is intended to create the world’s first publicly traded bitcoin transaction verification equipment and mining equipment manufacturer, the two companies said in a joint release.

Commenting on the much-anticipated merger, Charles Allen, chairman and CEO at BTCS, said that the two companies, which are "clearly very […]

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