Bitari Inc Filed Primary

What the company does

Bitari Inc. is a Texas-headquartered digital infrastructure company focused on providing secure and efficient hosting and O&M services for Bitcoin mining operations. Leveraging purpose-built and fully operated mining sites located in Wheeler, Texas, and Dumas, Texas, as well as a contracted mining site in Marion, Indiana, the company has developed operational processes and service capabilities to support stable operations and consistent service delivery for its customers. Its hosting services encompass the entire lifecycle of Bitcoin mining operations, including mining machine deployment, preventive maintenance, system optimization, power management, and performance analytics, offering customers a fully integrated, one-stop infrastructure solution. The company also intends to expand its operational footprint across North America and evolve into a comprehensive consulting platform focused on digital assets.

Use of proceeds

We expect to receive net proceeds of approximately $26,954,565 (or approximately $31,162,065 if the over-allotment is exercised in full), based on an assumed initial public offering price of $7.00 per share. We intend to use approximately 10% of the net proceeds for research and development of next-generation high-performance computing and energy-efficient technologies, approximately 40% for strategic acquisitions and investments, approximately 30% for global market expansion and brand development, approximately 15% for new mining operations and infrastructure development, and 5% for general corporate purposes and working capital requirements.

Underwriters

Extracted from S-1 0001185185-26-003678, filed Aug 21, 2026 and verified against that filing text.

Key risk factors

• Blockchain and bitcoin mining industry risks

  “Risks related to blockchain, digital assets, and bitcoin mining may adversely affect our current and planned business operations.”

• Capital intensity and customer profitability volatility

  “Our business is capital-intensive and closely tied to the economics of digital assets, particularly Bitcoin. Demand for our hosting, O&M, and consulting services depends in part on the profitability and financial condition of our customers' digital asset mining operations, which are subject to significant volatility.”

• Controlled company status

  “We will be a "controlled company" within the meaning of the Nasdaq listing rules and are allowed to follow certain exemptions from certain corporate governance requirements that could adversely affect our public stockholders.”

• Discretionary use of net proceeds

  “Our management will have significant discretion as to the use of the net proceeds to us from this offering and could spend the proceeds in ways that do not improve our results of operations or enhance the market price of our common stock.”

• Emerging growth company / smaller reporting company reduced disclosure

  “We are an "emerging growth company" and a "smaller reporting company" under the JOBS Act, and we cannot be certain if the reduced disclosure requirements applicable to emerging growth companies and smaller reporting companies will make our common stock less attractive to investors.”