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LandBridge Raises $319M in IPO, Eyes Bitcoin Mining as Growth Vector

LandBridge Raises $319M in IPO, Eyes Bitcoin Mining as Growth Vector

CointimeCointime2024/06/19 03:52
By:Cointime

LandBridge is seeking to raise $319 million through its first initial public offering (IPO) in the United States, with a target valuation of $1.6 billion. Matthew Sigel, head of digital assets at VanEck, cited an anonymous official as saying that LandBridge is keen to explore opportunities in Bitcoin mining activities.

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