Becker Glynn Assists in Private Offering of Limited Partnership in a Cryptocurrency Mining Fund
Robert Langer, Michael Dougherty and Kenneth Stuart assisted in a private offering to accredited investors which closed in early 2018. The firm represented the general partner of an off-shore limited partnership in a capital raise, the proceeds of which were used to purchase and install Bitcoin mining equipment and to pay related expenses. The Bitcoin mined will be distributed to the Limited Partners in crypto or fiat in proportion to their respective investments.