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2018-10-17 01:00:05

Trump Trade War Tariffs Compound Bitmain IPO Woes

Bitmain’s beleaguered IPO faces further challenges as the latest Trump tariffs hit mining hardware. The situation is also likely to affect planned IPOs by Canaan and Ebang according to the South China Morning Post. Financial Controversy Bitmain must have hoped that the controversy regarding its oft-touted IPO was behind the company. At the end of September, Bitmain publicly released its financial standings for the first time. Following this announcement, the company finally filed for the Hong Kong-based IPORead MoreThe post Trump Trade War Tariffs Compound Bitmain IPO Woes appeared first on Bitcoinist.com.