đGenesis Digital Assets, backed by Sam Bankman-Fried's Alameda Research, is reportedly considering an IPO in the US!đ
âą The crypto mining firm is currently seeking advice on a potential listing.
âą Pre-IPO funding round expected to kick off soon.
The company has been expanding significantly:
âą New mining center in Argentina opened in May.
âą A 36MW facility in Texas announced earlier.
Genesis Digital Assets operates over 500MW of power capacity and 20 data centers across the globe, positioning it as a top crypto miner.
Despite the crypto winter of 2022, the industry has seen a strong resurgence, driving Bitcoin's price to an all-time high.
What do you think about this potential IPO? Let's chat in the comments!đŹ #CryptoNews #IPO #GenesisDigitalAssets