RIYADH: Bitfury, a crypto-mining hardware manufacturer in Europe, is reportedly planning to go public in Amsterdam or London in the next 12 months.
The company wants to capitalize on the cryptocurrency bull market to see better performance with public markets.
With backers such as Mike Novogratz’s Galaxy Digital and Australian investment bank Macquarie, the company was valued at $1 billion after the latest funding round.
An IPO would make it one of the largest listings for a cryptocurrency mining hardware company in Europe to date.
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