TUDE: Fortitude hires ex-Hut 8 CEO Leverton for Nasdaq debut
The hire hands DCG a credible public-market face for a Zcash miner that already prints 28% of network supply, with a clean Nasdaq exit at a $400M implied valuation.
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The hire hands DCG a credible public-market face for a Zcash miner that already prints 28% of network supply, with a clean Nasdaq exit at a $400M implied valuation.
The ZCSH conversion is structured to close a trust that traded at a 240% premium and 55% discount at its extremes.
The placement sits outside the exchange-ratio formula, so Fortitude's existing holders don't gain extra closing shares. HeartSciences' own proxy flags liquidation as the risk if the deal fails.
The revived fraud claim targets Silbert personally and DCG as a defendant; consumer protection claims in four states were dropped, three others paused, narrowing the case to a sharper fight.
The deal is a backdoor into US capital markets for a ZEC-treasury miner, and the 60% HeartSciences pop shows public investors are buying the structure, not the medtech business.
Backprop is one of Bittensor's highest-volume decentralized trading venues; folding it into General Tensor consolidates the ecosystem's on-chain liquidity rails under a DCG-backed operator.