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Lightning Labs CEO files for $200 million SPAC to acquire digital financial infrastructure company
2025-08-29 05:17

According to Odaily Planet Daily, Lightning Labs CEO Ryan Gentry has applied to establish a $200 million special purpose acquisition company (SPAC) called Bitcoin Infrastructure Acquisition Corp., with the goal of acquiring digital financial infrastructure companies. The board of directors will be composed of members from DeFi Dev Corp and Nakamoto (Kindly). (Cointelegraph)