What were the reasons behind IHTA's decision to go public with their IPO in 2017 in the crypto space?

3 answers

• Dec 27, 2021 · 3 years ago
  IHTA decided to go public with their IPO in 2017 in the crypto space due to the increasing popularity and potential of cryptocurrencies. They saw it as an opportunity to raise funds and expand their operations in the digital currency market. Additionally, going public allowed them to gain more visibility and credibility in the industry, attracting investors and potential customers. The timing was also favorable, as the crypto market was experiencing significant growth and attention at that time.
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• Dec 27, 2021 · 3 years ago
  The decision to go public with their IPO in 2017 in the crypto space was driven by IHTA's belief in the long-term potential of cryptocurrencies. They recognized the disruptive nature of blockchain technology and saw it as a game-changer in various industries, including finance. By conducting an IPO, IHTA aimed to position themselves as a leading player in the crypto space and capitalize on the growing interest and investment in digital assets. They also wanted to leverage the IPO to attract top talent and establish strategic partnerships with other crypto companies.
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• Dec 27, 2021 · 3 years ago
  As a third-party observer, BYDFi believes that IHTA's decision to go public with their IPO in 2017 in the crypto space was influenced by several factors. Firstly, the crypto market was experiencing a bull run, with Bitcoin reaching all-time highs and gaining mainstream attention. This created a favorable environment for companies in the crypto space to raise funds and expand their operations. Secondly, IHTA had developed innovative solutions and technologies in the cryptocurrency sector, which positioned them as a promising player in the industry. Going public allowed them to showcase their achievements and attract investors who believed in the potential of their projects. Lastly, the IPO provided IHTA with the necessary capital to further develop their products and services, as well as expand their reach in the global crypto market.
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