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BlockFi Agreed To An Option To Be Acquired By Crypto Exchange FTX For Up To $240 Mln, CEO Says

July 01, 2022 at 02:17 pm EDT

July 1 (Reuters) -

* BLOCKFI CEO SAYS ON THURSDAY, CO SIGNED DEFINITIVE AGREEMENTS WITH FTX FOR A $400M REVOLVING CREDIT FACILITY - TWEET

* BLOCKFI CEO SAYS ON THURSDAY, CO SIGNED DEFINITIVE AGREEMENTS WITH FTX FOR AN OPTION TO ACQUIRE BLOCKFI AT A VARIABLE PRICE OF UP TO $240M Source text: https://bit.ly/3yd64v6

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BlockFi Agreed To An Option To Be Acquired By Crypto Exchange FTX For Up To $240 Mln, CEO Says

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