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Bitfury CEO confirms IPO considerations are part of expansion plans
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Bitfury, one of the world’s largest companies in the blockchain industry, is mulling a potential initial public offering, or IPO, as part of the company’s global growth plans, the company’s CEO confirmed to Cointelegraph.
“As Bitfury and its portfolio of companies continue their global expansion in the digital assets space, Bitfury will be considering an IPO as part of its broader expansion and growth plans,” Bitfury co-founder and CEO Valery Vavilov said.
According to the executive, Bitfury has not yet determined when and on what exchange the company is willing to proceed with an IPO. The company’s last funding round took place in 2018, with Bitfury raising $80 million at a $1 billion valuation.
Bitfury’s investors include European venture
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