Bitmain, the Chinese crypto miner maker, looks like it has reached an interesting point in its pathway to going public. There’s been little heard since the company filed to go public in Hong Kong in September, but now it appears that a new CEO has been hired and its two founders are leaving. That’s according […]
View More Crypto mining giant Bitmain is reportedly getting a new CEO as its IPO plan stallsCategory: Jihan Wu
Crypto mining giant Bitmain reveals heady growth as it files for IPO
After months of speculation, Bitmain — the world’s largest provider of crypto miners — has opened the inner details of its business after it submitted its IPO prospectus with the Stock Exchange of Hong Kong. And some of the growth numbers are insane. The document doesn’t specify how much five-year-old Bitmain is aiming to raise from […]
View More Crypto mining giant Bitmain reveals heady growth as it files for IPOCrypto mining giant Bitmain on target for $10B revenue this year
During a gold rush, Silicon Valley’s line is to always invest in picks and shovels instead of mining. Sometimes it pays just to do both. TechCrunch has learned through a company fundraise overview that Beijing-based mining equipment seller Bitmain hit a quarterly revenue of approximately $2 billion in Q1 of this year. Despite a slump […]
View More Crypto mining giant Bitmain on target for $10B revenue this year