{"id":41643,"date":"2025-08-12T05:46:33","date_gmt":"2025-08-12T05:46:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41643"},"modified":"2025-08-12T05:46:33","modified_gmt":"2025-08-12T05:46:33","slug":"peter-thiel-backed-crypto-company-upsizes-ipo-targets-nearly-5-billion-valuation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41643","title":{"rendered":"Peter Thiel-Backed Crypto Company Upsizes IPO, Targets Nearly $5 Billion Valuation"},"content":{"rendered":"<div>\n<p>Cryptocurrency exchange <strong>Bullish <\/strong>increased the size and price of its upcoming initial public offering, according to a SEC filing on Monday.<\/p>\n<h2 class=\"wp-block-heading\"><strong>The Details Of The New Offering<\/strong><\/h2>\n<p>Bullish, <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43493995\/peter-thiel-backed-crypto-exchange-reportedly-plans-ipo-in-2025-amid-bitcoin-and-digital-currency-boom\">backed <\/a>by billionaire investor and entrepreneur <strong>Peter Thiel<\/strong>, will now offer 30 million shares priced between $32 and $33 each.<\/p>\n<p>&#8220;We estimate that the net proceeds to us from this offering will be approximately $906.3 million, or $1,045.3 million if the underwriters exercise their option to purchase additional Ordinary Shares in full,&#8221; Bullish said, assuming the midpoint price of $32.50.<\/p>\n<p>The company added that the total number of shares outstanding would go up to 139,528,739 after the offering, and 150,683,739\u00a0if the underwriters exercise their option. At the top of &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47050423\/peter-thiel-backed-crypto-company-upsizes-ipo-targets-nearly-5-billion-valuation\" alt=\"Peter\" thiel-backed crypto company upsizes ipo targets nearly billion valuation>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency exchange Bullish increased the size and price of its upcoming initial public offering, according to a SEC filing on Monday. The Details Of The New Offering Bullish, backed by billionaire investor and entrepreneur Peter Thiel, will now offer 30 million shares priced between $32 and $33 each. &#8220;We estimate that the net proceeds to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41643","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41643"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41643\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}