Bitari, which provides hosting and other services for Bitcoin mining operations, filed on Friday with the SEC to raise up to $30 million in an initial public offering.
The company plans to raise $30 million by offering 4.3 million shares at $7. At the proposed price, Bitari would command a market value of $302 million.
Bitari is a digital infrastructure company focused on providing secure and efficient hosting, operation & maintenance, and other services for Bitcoin mining operations. Its hosting services encompass the entire lifecycle of Bitcoin mining operations. The company has two fully operated mining sites in Texas, as well as a contracted mining site in Indiana, and it plans to expand its operational footprint across North America. It also intends to pursue opportunities to evolve from a traditional hosting service provider into a comprehensive consulting platform focused on digital assets.
The Wheeler, TX-based company was founded in 2022 and booked $11 million in revenue for the 12 months ended April 30, 2026. It plans to list on the Nasdaq under the symbol BIAI. Bitari filed confidentially on November 7, 2025. Tiger Brokers is the sole bookrunner on the deal.
