On June 12, the company is expected to officially become a publicly traded company, going live on the Nasdaq stock index. If all goes according to plan, the company expects to raise $75 billion, which would be triple the current record of $25 billion set by Saudi Aramco.
How Could This Listing Affect Bitcoin And Crypto?Also, the decline in the Bitcoin price coincides with the company announcing the number of shares and the share price. Around the same time, the Bitcoin ETF market saw its single largest daily outflow, which crossed $500 million on June 2.
