Marathon’s Thiel Says Company Not for Sale, as M&A Chatter Picks Up Among Crypto Miners

The potential cash crunch means opportunity for those with capital, said Bitfarms’ Morphy. “A lot of companies that were looking for SPACs and IPOs to fund their growth have not taken place. As a result, there’s going to be some pretty neat opportunities, we think, this year, next year and beyond,” he said, adding that he sees his company as an acquirer, not a target..