BCause LLC today announced that the firm has engaged ASGARD Partners & Co. as its exclusive Capital Markets Advisor for a Series B capital raise of $25 million in equity.

Bcause LLC announced that it has launched its cryptocurrency mining facility and data center in Virginia Beach today
Karan Rai, a member of the board of managers, was elected as the new Chairman of the Board. Rai is founder and CEO of ASGARD Partners & Co., a New York-based investment and advisory firm. He has served on the Board of Bcause since September 2016 and has been affiliated with the company since 2013. Previously, he was CEO of Theodor Wille Intertrade Inc. and President of ADS Inc.