Bitari files for $30M Nasdaq IPO to fund Bitcoin mining expansion

Texas-based Bitcoin mining infrastructure company Bitari Inc. is seeking to raise funds through a Nasdaq listing. The company said it filed an S-1 registration statement with the U.S. SEC on Aug. 21, 2026, and plans a $30 million initial public offering on the Nasdaq Global Market under the ticker 'BIAI.' The offering involves 4,285,715 shares priced at $7.00 each. Net proceeds are expected to total about $27 million after underwriting discounts and related expenses.