November was a markedly bullish month for crypto fundraising, with 98 deals inked worth a combined $1.75B – a $1B jump compared to October.
More than half of the money raised went to two relatively unknown Bitcoin mining companies, according to a recent report by Messari. Northern Data (a firm that also does business outside of crypto) and Phoenix Group raised $600M and $370M, respectively.
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#undefined [Source: TheDefiant]