[Bitcoin Mining Infrastructure Company Bitari Files for IPO on Nasdaq, Aiming to Raise $30 Million] According to CryptoBriefing, Texas-based Bitcoin mining infrastructure company Bitari Inc. filed an S-1 registration statement with the U.S. SEC on August 21, seeking to raise $30 million through an initial public offering (IPO) on the Nasdaq Global Market under the ticker symbol BIAI. The offering will consist of 4,285,715 shares of common stock priced at $7 per share, with total expected proceeds of approximately $30 million and net proceeds of around $27 million after deducting underwriting and related expenses. Bitari is responsible for building and operating the physical infrastructure required for Bitcoin mining. Its current core facility is a 20-megawatt operational mining site located in Wheeler, Texas.