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Mergers & Acquisitions

Jul. 25, 2013

Skepticism surrounds largest all-bitcoin acquisition to date

In what appears to be the largest all-bitcoin acquisition to date, a relatively little-known online gambling hub, SatoshiDice, was acquired by an unnamed buyer for 126,315 bitcoins - the current equivalent of roughly $11.47 million.


By Dominic Fracassa


Daily Journal Staff Writer


In what appears to be the largest all-bitcoin acquisition to date, an unnamed buyer acquired a relatively little-known online gambling hub, SatoshiDice, for 126,315 bitcoins - the current equivalent of roughly $11.47 million.


Details surrounding the deal remain murky. Last week, SatoshiDice founder Eric Voorhees announced via a post on bitcointalk.org, an online community of bitcoin enthusiasts, t...

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