Bitmain resurrects IPO plans

Bitmain resurrects IPO plans

Bitcoin mining behemoth, Bitmain, may likely revive its IPO plans following Bitcoin’s price surge. According to a Bloomberg report, the company this time around, would be making its filing in the US instead of Hong Kong. Sources claim Bitmain would drastically reduce its stock sale target from $3 billion to about $500 million.

Timothy
Timothy
Rocky LeBlanc
Rocky LeBlanc 8 months

Well this is really bad news.

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