Oil asset acquisition company LandBridge seeks to raise funds through IPO, intends to attract crypto mining companies
Odaily2024/06/19 08:44
By:Odaily
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Odaily News Oil asset acquisition company LandBridge seeks to raise nearly $320 million through an IPO in the United States, with a target valuation of $1.6 billion. LandBridge said its land can not only serve oil and gas producers, but
cryptocurrency miners and data centers can also benefit from water, roads, fiber optic infrastructure and electricity. LandBridge said that the company has used its land to build a cryptocurrency facility and received $52.1 million from non-oil and gas related royalty income (including cryptocurrency miners) in 2023, a year-on-year increase of 56%.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Hold USDGO for dual perks, earn up to 30%+ APR!
Bitget Announcement•2026/09/01 02:00
Bitget Has Completed the Vanar Chain (VANRY) Contract Swap
Bitget Announcement•2026/08/31 12:00
Hold USDGO for dual perks, earn up to 30%+ APR!
Bitget Announcement•2026/08/31 02:00
Bitget to Adjust CFD Leverage During Special Trading Periods in the First Week of September 2026
Bitget Announcement•2026/08/28 11:30
Crypto prices
MoreBitcoin
BTC
$79,081.89
+1.40%
Ethereum
ETH
$2,479.48
+1.74%
Tether USDt
USDT
$0.9997
-0.02%
BNB
BNB
$693.56
+1.08%
XRP
XRP
$1.39
+1.98%
USDC
USDC
$0.9999
-0.02%
Solana
SOL
$104.2
+1.59%
TRON
TRX
$0.3318
-1.52%
Hyperliquid
HYPE
$84.14
+3.98%
Zcash
ZEC
$865.09
+4.30%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now