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The company said its initial public offering (IPO) was 33x oversubscribed.
"Shares of cryptocurrency miner Phoenix Group (PHX) rose 35% on their first day of trade."
Los Angeles based provider of crypto mining hardware and software raised $2.5m in Seed funding led by M13 Ventures.
The company plans to hire engineers with the capital. This team will build new features and expand the option to mine more...…
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