The world’s largest maker of bitcoin mining chips is reportedly hoping to raise $18 billion in what could be one of the largest IPOs in history
|08/10/2018||Posted by BusinessMediaguide.Com under General World News||
- Cryptocurrency mining chip maker Bitmain hopes to raise $18 billion for an IPO in the coming months, according to documents obtained by CoinDesk.
- If the company raised $18 billion at a market capitalization of $40 to $50 billion, that could make it the largest IPO in history.
- In June, Bloomberg reported that Bitmain was planning to go public to further its pursuits in producing hardware for artificial intelligence technology.
The world’s largest producer of cryptocurrency mining chips, Bitmain, is planning to file for an initial public offering in September, according to documents obtained by CoinDesk.
According to the documents, CoinDesk reports Bitmain’s read more >>>