Tag: bitmain

cryptocurrency news

Bitmain Planning a US IPO: Bloomberg

Mining giant Bitman is reviving its plans for an IPO. A Bloomberg report quotes anonymous sources as saying that the company is consulting U.S. advisers for an IPO during the second half of this year. It plans to raise between $300 million to $500 million and could file relevant documents with the SEC as early as next month. A Change in Plans The Beijing-based company … Continue reading Bitmain Planning a US IPO: Bloomberg

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cryptocurrency news

Mining Giant Bitmain’s IPO May Be In Trouble

Bitcoin may have to wait for its first IPO.  Bitmain, the world’s biggest cryptocurrency mining company, generated headlines earlier this year when it filed to go public at Hong Kong Stock Exchange. But authorities at the exchange are dragging their feet over its application and are “hesitant” to approve the IPO, according to a report by online publication Coindesk.  The report cites an anonymous source … Continue reading Mining Giant Bitmain’s IPO May Be In Trouble

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