Long Island Ice Tea Corporation changed their name to Long Blockchain this December. According to Business Insider, the company, “had originally planned to raise $8.4 million by selling 1,603,294 shares at a price of $5.25 per share to finance the purchasing of 1,000 S9 Antminer machines, which sell online for $2,725 a piece.” To find out more about Long Blockchain’s future business plans, read Business Insider’s article, “The tea company that planned to buy bitcoin mining machines is backpedaling on its plans.”

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