Bitfury Reportedly Considering a $5 Billion Crypto IPO in Europe

Bitfury is reportedly in talks with global investment banks regarding its plans to launch Europe’s biggest crypto IPO till date, reported Bloomberg.
The cryptocurrency mining startup plans to go public in either Amsterdam, London or Hong Kong, with a tentative valuation anywhere between $3 billion to $5 billion, depending on the market and industry conditions at the time of the announcement. Meanwhile, Bitfury is also considering selling stakes or debt financing as alternatives to the IPO