Bitmain Lost $500 Million in Q3 2018: IPO Filing Reveals
Bitmain lost $500 Million in Q3 2018 - the comapny's IPO filing to the Hong Kong Stock Exchange reveals.
- Aditya Worah
- Feb 20, 2019
Bitmain lost $500 Million in Q3 2018 - the comapny's IPO filing to the Hong Kong Stock Exchange reveals.
Following their rejection from the Hong Kong Stock Exchange, reports from Bloomberg indicate that Canaan Creative is now aiming to get listed on the NYSE.
The Hong Kong regulator and the stock market operator raised concerns over allowing a cryptocurrency-related business to raise funds without proper regulations.
Bitfarms, the crypto mining giant, is likewise recorded on the Tel Aviv Stock Exchange
Bitmain, the biggest name when it comes to the cryptocurrency mining hardware business in the world, just went through a major organizational shakeup.
CNBC's CryptoTrader Host Ran Neuner has claimed that cryptocurrency exchange Coinbase is gearing up to launch an Initial Public Offering (IPO) soon.
Binance CEO Changpeng Zhao clarified in a Tweet that Binance does not intend to launch an IPO anytime soon.
Baiju Bhatt, the CEO of Robinhood, speaking at a TechCrunch Disrupt conference in San Francisco, said that the firm is "actively looking for a CFO right now" as going public is "definitely" in the company's plan in the medium-to-l...
The deal was made at an average per share price of $0.35 with a total amount close to $70 million.
A SoftBank official has made clear that neither the SoftBank Group Corporation or the SoftBank Vision Fund were involved with Bitmain.