Report: Bitfury Weighs Initial Public Offering

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© Reuters.  © Reuters.

Crypto miner manufacturer Bitfury is considering holding an initial public offering (IPO) as one of a number of strategic options for raising funds, Bloomberg reported Thursday.

Citing “people familiar with the matter,” the report says Bitfury is looking into listing in Amsterdam, London or Hong Kong, possibly as soon as 2019, though no final decisions have been made, according to the report.

Other options include raising debt financing or selling a minority stake.

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