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Bitcoin Mining Firm Rhodium Set for Crypto Sector's First IPO, to Offer Over 7 Million Shares - NewzWizz - News Magazine

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Bitcoin Mining Firm Rhodium Set for Crypto Sector's First IPO, to Offer Over 7 Million Shares

As part of its first initial public offering (IPO), Texas-based Bitcoin mining firm Rhodium Enterprises aims to raise $100 million (roughly Rs. 744 crore) from 7.69 million shares. The firm plans on establishing a second mining site in Texas, expecting to be able to develop 225MW of additional Bitcoin mining capacity.

Jan 20, 2022 - 06:26

Bitcoin Mining Firm Rhodium Set for Crypto Sector's First IPO, to Offer Over 7 Million Shares

As part of its first initial public offering (IPO), Texas-based Bitcoin mining firm Rhodium Enterprises aims to raise $100 million (roughly Rs. 744 crore) from 7.69 million shares. The firm plans on establishing a second mining site in Texas, expecting to be able to develop 225MW of additional Bitcoin mining capacity.