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

The company Bitari, which provides hosting and other services for Bitcoin mining operations, 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 offering price, Bitaris market capitalization will reach $302 million. Bitari is a digital infrastructure company focused on providing secure and efficient hosting, operations, and other services for Bitcoin mining businesses. Its hosting services cover the entire lifecycle of Bitcoin mining operations. The company operates two fully-owned mines in Texas and has a contracted mine in Indiana, with plans to expand its operations across North America. Additionally, the company aims to seek opportunities to transition from traditional hosting service providers to a comprehensive consulting platform focused on digital assets. Headquartered in Wheeler, Texas, the company was established in 2022 and achieved revenue of $11 million within the 12 months ending April 30, 2026. The company 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.