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There’s this Thai crypto exchange called Bitkub, and they’re planning to go public with an IPO next year. CEO Jirayut Srupsrisopa spilled the beans, saying they could be valued as high as a whopping $3 billion! 💰 That’s some serious crypto cash, folks!
Imagine being so rich you’re worth more than a blockbuster movie franchise! 🎥💰 Anyway, Bitkub Capital Group, the big bosses behind Bitkub Online, dropped a hint about selling shares in a letter to their shareholders back in 2023. But they kept it mysterious, not giving a solid timeframe. Then Jirayut himself confirmed the IPO plans recently, saying they’re already in talks with financial wizards to make it happen. 🧙♂️✨
Now, here’s the juicy part: Bitkub is like the golden goose for its parent company, giving them a whopping 80% of their profits! 🐔💰 And guess what? They’re not some lone wolf — 9.2% of their ownership is in the paws of Asphere Innovations. Last July, they managed to snag a cool $165 million in a Series A fundraising, valuing the whole shebang at around 6 billion baht. 💸💼
So, Jirayut, being the cool CEO he is, dropped some numbers on LinkedIn. He’s talking price-to-earnings ratios, throwing around figures like a crypto wizard. 🧙♂️ He’s thinking their value could range from a cool $1 billion to an eye-popping $3 billion! 💥💰 But hey, he’s keeping tight-lipped about how much they wanna raise. Maybe it’s a surprise? 🤫
That’s the scoop, folks! Bitkub’s gearing up for the big leagues with an IPO that could make them richer than Scrooge McDuck! 🦆💰 Stay tuned for more crypto craziness! And remember, always invest wisely — you don’t wanna end up trading your lunch money for virtual coins! 🥪💸
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