China’s largest bitcoin mining company looking to raise up to $1bn (a pre-IPO)

Bitmain Technologies is reputed to mine more than half the world's BTC s

  • The firm is seeking to raise up to $1bn in pre-IPO private funding
  • also considering an initial public offering
  • targeting to be worth $30bn-$40bn in three years

The Financial Times has more here, may be gated

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