Bitcoin Mining Company Bitfury Is Going Public

Bitcoin mining company Bitfury is going public. The company has a market capitalization of approximately $1 billion.

Amsterdam-based Bitfury, one of the leading companies in the crypto cryptocurrency, has approached the end of its public offering plans that it has been pursuing for several years. The company, with a value of approximately 1 billion dollars, will have experienced the most valuable public offering process of the cryptocurrency industry in Europe, if offered to the public. According to the news of The Telegraph from the British media, Bitfury; It is waiting for a report from Deloitte, one of the world's largest accounting and auditing firms, for a possible public offering in the next 12 months. According to the news, if the public offering takes place, the company can collect billions of dollars in funds from this transaction. Allegedly, the company will be listed on the Amsterdam or London stock exchange. In addition, the news in question claimed that Mike Novogratz, the founder of cryptocurrency investment company Galaxy Digital, is among the investors of the company. As you may remember, in March, Bitfury merged with the special purpose acquisition (SPAC) company Good Works Acquisition and established Cipher Mining Technologies. The mining company was listed on the Nasdaq, the largest US technology stock exchange. The company had a market capitalization of $2 billion.