Dubai plans to raise $315 million in the IPO of its taxi business, marking the emirate's first privatization in a year. Bitfarms, a Canadian Bitcoin mining company, has secured $60 million in a private placement with U.S. institutional investors, aiming to expand its infrastructure. Additionally, Bitfarms has also announced a $44 million private placement with U.S. investors for further expansion. Meanwhile, UAE's Bitcoin mining firm, Phoenix Group, has successfully secured $370 million in an oversubscribed IPO, signaling the country's advancement in the Bitcoin mining industry.
UAE Forges New Path in #Bitcoin Mining With Phoenix Group's $370M IPO https://t.co/CGmexQ0GT3
UAE's #Bitcoin Mining Firm Phoenix Group Secures $370 Million in Oversubscribed IPO https://t.co/CGmexQ0GT3
Bitfarms announces a $44 million private placement with U.S. investors to expand its Bitcoin mining infrastructure https://t.co/PiuPl0KkEX
Canadian Bitcoin mining company Bitfarms announces C$60 Million private placement with U.S. institutional investors. The net proceeds of the private placement will be used by the Company mainly to acquire additional miners, expand infrastructure, and improve its working capital… https://t.co/9dPeugAhk6
Dubai is seeking to raise as much as $315 million in the initial public offering of its taxi business, in the emirate’s first privatization in a year https://t.co/uT2Gqvc31p