Bitmain to Buy Majority of Shares in Opera Internet Browser

[kreslik.news]

Bitmain is reportedly going to invest $50 million in the initial public offering of Opera Ltd, the company behind the familiar web browser.

An IPO is when a company sells its shares to the public for the first time. Opera Ltd expects to raise $115 million, according to Reuters, and its symbol on the Nasdaq stock exchange will be ‘OPRA’. The IPO request was filed at the US Securities and Exchange Commission on Friday the 29th of June.

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According to 24/7 WallSt, Opera will be selling $50 million in shares to Bitmain and $10 million portions ... (read more)