One of the largest (BTC) companies globally, , is now valued at $12 billion following a Series B round of funding, Chinese news outlet reports July 6.
In early June, the company’s CEO Jihan Wu said he is “open” to to conduct an (IPO) in Hong Kong. Wu said that an IPO in the region would be a suitable means for allowing early investors to cash in their funds.
In May, one of Bitmain’s main competitors, -based Canaan Creative, that it would start an IPO on the Hong Kong Stock Exchange in July. In an with Reuters in April, Canaan co-chairman Jianping Kong said, “We … prefer listing outside mainland China as we are in a global business.”
in 2013, Bitmain Technologies is a privately held company that develops bitcoin mining hardware and ASIC chips. The firm 70-80 percent of the market for bitcoin mining hardware in February 2018. Bitmain also operates one of the largest bitcoin mining pools, . Earlier this year, the company was to be involved in the development of Ant Creek mining centers in the U.S.
Published at Fri, 06 Jul 2018 21:21:00 +0000
