Bitcoin mining hosting service provider Bitari (BIAI.US) has submitted an IPO application for the U.S. stock market, intending to transform into a comprehensive digital asset consulting platform.

Bitari, a company that provides hosting and other services for Bitcoin mining businesses, submitted an IPO application to the U.S. Securities and Exchange Commission (SEC) on Friday, planning to raise up to $30 million. The company plans to issue 4.3 million shares at a price of $7 per share, raising $30 million. Based on the proposed issue price, Bitari's market value would reach $302 million. Bitari is a digital infrastructure company focused on providing secure and efficient hosting, operational management, and other services for Bitcoin mining businesses. Its hosting services cover the entire lifecycle of Bitcoin mining operations. The company operates two fully managed mining sites in Texas and has a contracted mining site in Indiana, while also planning to expand its operations across North America. Furthermore, the company intends to seek opportunities to transform from a traditional hosting service provider into a comprehensive consulting platform focused on digital assets. Founded in 2022 and headquartered in Wheeler, Texas, the company achieved revenue of $11 million over the 12 months ending April 30, 2026. It plans to list on NASDAQ under the ticker symbol "BIAI." Bitari previously filed confidentially on November 7, 2025. Tiger Brokers is the exclusive bookrunner for the transaction.