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.
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.
