Bitcoin Miner PrimeBlock CEO Cancels SPAC IPO Plan and Leaves

According to CoinDesk citing sources, the CEO of Bitcoin mining company PrimeBlock has canceled the SPAC listing plan with 10X Capital Venture Acquisition Corp. II (VCXA), and his LinkedIn profile shows that he has also left PrimeBlock. Foresight News previously reported that in April PrimeBlock was confirmed to be listed in a merger with special purpose acquisition company (SPAC) 10X Capital Venture Acquisition Corp. II, with an estimated enterprise value of $1.25 billion.