Alameda-backed crypto miner Genesis Digital Assets is meeting with advisors about launching a pre-IPO financing round in the coming weeks. Texas-based Bitcoin mining firm GDA is considering an initial public offering (IPO) in the US despite a large investment from Alameda Research. The company is actively meeting with advisors to accelerate its IPO plans. It is unclear whether GDA plans to complete the IPO by the end of 2024. GDA operates with a power capacity of over 500 megawatts in 20 data centers. 📈