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According to a source familiar with the matter, the crypto mining company Bitfury can hold an initial public offering (IPO). If it so, Bitfury may become the first to hold a global IPO for a cryptographic company in Europe.

It’s also reported that Bitfury is seeking for a global investment banks as it may debut in Amsterdam, London or Hong Kong in the very beginning of 2019.

It's tentatively estimated that if Bitfury goes public, it could be worth from $3 billion to $5 billion.

Bitfury is the largest full-service blockchain technology outside of China, a software and hardware developer for working with the Bitcoin blockchain.

Earlier on September, the Bitfury Group released a new bitcoin mining hardware.

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