News

According to a report by Jinse Finance, Antalpha has announced the launch of its roadshow for the proposed initial public offering of 3,850,000 shares of common stock, with an expected offering price between $11 and $13 per share. Antalpha plans to grant underwriters a 30-day option to purchase up to an additional 577,500 shares of common stock to cover potential over-allotments. The F-1 registration statement related to this proposed offering has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. As introduced, Antalpha, as a major lending partner of Bitmain, provides Bitcoin supply chain and margin loans through the Antalpha Prime technology platform, which allows clients to initiate and manage their digital asset loans and monitor collateral positions with near real-time data.

According to a report by Jinse Finance, Bitcoin Magazine stated that Michael Saylor believes the Bitcoin industry will reach a scale of $200 trillion.