By Isaac • August 23, 2026 3:31 pm •
Bitari is asking public investors to supply almost all of the money shown in its proposed Bitcoin mining IPO while receiving just 10% of the company after the offering.
That is the number that deserves attention before anyone gets distracted by Bitcoin’s rebound or the promise of more mining infrastructure.
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Bitari’s preliminary S-1 filed with the Securities and Exchange Commission proposes selling 4,285,715 shares at an expected price of $7 each. If every share sells at that price, new investors would contribute $30,000,005.
Those buyers would own 10% of the 43,085,715 shares expected to be outstanding after the base offering.
Existing shareholders, meanwhile, would keep 38.8 million shares, or 90% of the company. The prospectus table
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