Odaily News Oil asset acquisition company LandBridge seeks to raise nearly $320 million through an IPO in the United States, with a target valuation of $1.6 billion. LandBridge said its land can not only serve oil and gas producers, but cryptocurrency miners and data centers can also benefit from water, roads, fiber optic infrastructure and electricity. LandBridge said that the company has used its land to build a "cryptocurrency facility" and received $52.1 million from non-oil and gas related royalty income (including cryptocurrency miners) in 2023, a year-on-year increase of 56%.