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Bitari Files for Nasdaq Listing with $30 Million IPO

Guavy AI Editorial Team
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Bitari Inc., a Texas-based digital infrastructure provider focused on hosting and operations for Bitcoin mining, has filed for an initial public offering (IPO) on the Nasdaq Global Market under the ticker 'BIAI.'

The company plans to sell 4,285,715 shares at an expected price of $7.00 per share, implying gross proceeds of about $30.0 million and estimated net proceeds of approximately $27.0 million.

Bitari provides turnkey hosting and operations & maintenance (O&M) services for Bitcoin miners, delivering power, connectivity, cooling, deployment support, and on-site management.

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