---
title: "Bitari Plans 4.29 Million-Share Offering at $7 Each to Raise About $30 Million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296661507.md"
description: "Bitari Inc. plans to issue 4,285,715 common shares at $7 each, with gross proceeds expected to total about $30 million. According to Odaily, net proceeds are expected to be about $27 million after underwriting and related expenses. Bitari Inc. builds and operates the physical infrastructure needed for Bitcoin mining, and its core facility is a 20-megawatt operating mine in Wheeler, Texas."
datetime: "2026-08-22T00:53:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296661507.md)
  - [en](https://longbridge.com/en/news/296661507.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296661507.md)
generator: "portal-rs"
---

# Bitari Plans 4.29 Million-Share Offering at $7 Each to Raise About $30 Million

Bitari Inc. plans to issue 4,285,715 common shares at $7 each, with gross proceeds expected to total about $30 million. According to Odaily, net proceeds are expected to be about $27 million after underwriting and related expenses. Bitari Inc. builds and operates the physical infrastructure needed for Bitcoin mining, and its core facility is a 20-megawatt operating mine in Wheeler, Texas.

### Related Stocks

- [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md)
- [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md)
- [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md)
- [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md)
- [BITB.US](https://longbridge.com/en/quote/BITB.US.md)
- [BITO.US](https://longbridge.com/en/quote/BITO.US.md)
- [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md)
- [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md)
- [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md)
- [HODL.US](https://longbridge.com/en/quote/HODL.US.md)
- [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md)
- [03008.HK](https://longbridge.com/en/quote/03008.HK.md)
- [03042.HK](https://longbridge.com/en/quote/03042.HK.md)
- [03430.HK](https://longbridge.com/en/quote/03430.HK.md)
- [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md)

## Related News & Research

- [Amboss Opens Affiliate Program: Earn Recurring Bitcoin Commissions by Growing Bitcoin Payments](https://longbridge.com/en/news/296124824.md)
- [Bitcoin Standard Treasury Company (BSTR) Terminates Business Combination, Team Continues Pursuing Active Bitcoin Treasury Management | CEPO Stock News](https://longbridge.com/en/news/296540800.md)
- [Bitcoin lands on the same custody rails Citi uses for equities and bonds](https://longbridge.com/en/news/296272222.md)
- [LQWD Technologies CEO to Speak at Bitcoin Asia 2026 in Hong Kong | LQWDF Stock News](https://longbridge.com/en/news/296496835.md)
- [Fundstrat Sees 30% Swing In Bitcoin’s Price](https://longbridge.com/en/news/296239209.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**