Bitmein IPO ‘very soon’ mining giant netts $ 1.1 billion profit Q1 2018

Bitmein IPO ‘very soon’ mining giant netts $ 1.1 billion profit Q1 2018
фото показано с : bitcoints.com

2018-7-31 18:31

Bitcoin mining giant Bitmain is purportedly planning to go public on a $ 14 billion valuation.
The company reportedly brought in $ 1.1 billion in net profit in the first quarter of 2018, looking at end-of-year target ranging between $ 2 and $ 3 billion.
$ 14 Billion IPO
According to an unconfirmed report published Monday, July 30, Bitcoin mining giant Bitmain intends to go public on a $ 14 billion IPO “very soon” — giving early investors, such as Sequoia Capital, an opportunity to rake in substantial profits.
One of the company’s direct competitors – Canaan Creative — filed for a $ 1 billion IPO in Hong Kong earlier in May.
The post Bitmain IPO ‘Very Soon’ as Mining Giant Nets $ 1.1 Billion Profit in Q1 2018 appeared first on Bitcoinist.com.

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