🚀 Genesis Digital Assets, a Texas-based Bitcoin mining firm, is reportedly planning a pre-IPO funding round in the coming weeks. Despite significant investment from the now-defunct Alameda Research, GDA is pushing ahead with its IPO plans. 💼

Founded in 2013, GDA has raised over $1.61 billion, with $1 billion from Alameda Research in April 2022. The firm operates with a power capacity exceeding 500 megawatts across 20 data centers globally.

What are your thoughts on this move by GDA amidst the Alameda scandal? Let's discuss below! 👇