• Market Cap: $266b

  • May 22, 2022

Tencent and Softbank Invest in Bitmain as it gears up for IPO Launch

Bitmain has now been planning to launch an Initial Public Offering (IPO). Reportedly, investment giants Tencent and SoftBank are backing this idea. 

Bitmain Q1 Profits Surge Past $1 Bn: IPO Expected Soon

Latest reports indicate that Bitmain, which made $1.1 Billion in the first quarter of this financial year, is all set to file for an IPO shortly. 

Sequoia Capital Helps Bitmain Raise $400 Million in Pre-IPO Funding

In what appears to be a pre-IPO funding, Bitmain has raised $400 Million - thanks to a major funding from Sequoia Capital. Bitmain is now worth $12 Billion.

Bitmain’s Jihan Wu Considers Launching an IPO in Hong Kong

Jihan Wu is looking forward to taking Bitmain beyond the crypto markets - and considering to launch an IPO in Hong Kong that will take the company public!

eToro is Likely to Come Up With an IPO

As per some media reports, the company is in discussion with various investment banks for the same.

China’s Bitcoin Mining Hardware Firm Canaan Creative To Launch $1 Bn IPO in Hong Kong

China’s second largest cryptocurrency mining hardware manufacturer Canaan Creative is all set to launch an IPO in Hong Kong. The company intends to raise $1 Bn.