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2019-06-21 21:00:29

Bitmain Allegedly Looking for $500 Million in Upcoming U.S Share Sale

According to Bloomberg sources, Chinese Bitcoin mining giant, Bitmain Technologies Ltd, is looking to launch an initial public offering (IPO) in the U.S, to raise $300- $500 Million. Bitmain Reportedly Planning U.S IPO New 2019 price highs, renewed optimism, and other indicators show that investment in Bitcoin mining is about to be as profitable as it was prior to the 2018 bear market. In effect, in 2017, Bitmain declared profits of between USD 3 billionRead MoreThe post Bitmain Allegedly Looking for $500 Million in Upcoming U.S Share Sale appeared first on Bitcoinist.com.