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US: Bitcoin group enters merger agreement

By  |  March 3, 2015

Tera Group Inc, the operator of the US’s first regulated Bitcoin, recently signed a merger agreement with MGT Capital Investment. This merger adds a crucial step that should make the former a publicly listed company, Fierce Finance reported.

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    While financial terms were not disclosed, Tera Group’s investment in MGT will give it a majority stake in the combined company.

    By combining with MGT, Tera will create a unique public offering to support the essential infrastructure needed for a vibrant global bitcoin ecosystem,” said Christian D. Martin, Co-Founder of Tera.

     

    Full Content: Fierce Finance IT

     

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