Crypto Mining Giant Bitmain Might Go Public With $18B IPO
August 29, 2018 at 16:44 PM EDT
Cryptocurrency mining giant Bitmain Technologies, Ltd. has been preparing for an IPO in recent weeks. According to Coindesk, Bitmain could be seeking to raise as much as $18B in a public offering, which would value the company between $40B and $50B. This comes after Bitmain reported $1.1B in profit...