Bitcoin Shop Announces Cancellation of Options as It Prepares for Spondoolies Merger

By July 9, 2015Bitcoin Business

Bitcoin Shop, Inc. (BTCS), the first publicly traded Bitcoin company in the U.S., has announced that its management will voluntarily cancel all outstanding options of the company. According to Charles Allen, CEO of BTCS, the move will facilitate a new equity plan that will be realized after the merger with the Israeli-based mining hardware manufacturer, Spondoolies-Tech .

The process to merge the two blockchain technology companies began in April when BTCs signed a letter of […]

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