Cloud Mining Agency BitFuFu to Delay SPAC IPO as Urge for food for Crypto Shares Languishes

The agency, a part of Bitmain’s household of corporations, introduced it could go public in January 2022 by merging with Arisz Acquisition Corp. (ARIZ). But it surely has now twice exercised its proper to push the merger again by three months, with Might 22, 2023 being the brand new deadline for the completion of the deal, in keeping with a Tuesday press launch. BitFuFu won’t be able to postpone the merger once more, per Arisz’s governing paperwork.