Tag Archives: IPO

Trump Trade War Tariffs Compound Bitmain IPO Woes

Bitmain’s beleaguered IPO faces further challenges as the latest Trump tariffs hit mining hardware. The situation is also likely to affect planned IPOs by Canaan and Ebang according to the South China Morning Post. Financial Controversy Bitmain must have hoped that the controversy regarding its oft-touted IPO was behind the company. At the end of September, Bitmain publicly released its financial… Read More »

World’s First Cryptocurrency-Related IPO Capped at $900 Million

The world’s very first cryptocurrency related initial public offering (IPO) has been announced by investment company headquartered in the Cayman Islands. The initiative attempts to widen the exposure of investors to different cryptocurrencies, ICOs, and digital assets in general. $900 Million Cryptocurrency Related IPO Epoch Partners Limited, an investment company with headquarters in the Cayman Islands, has reportedly… Read More »

Bitmain IPO: Trial by Fire for the Mining Equipment Giant

The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.com Bitmain, the world market leader for mining equipment, on the eve of an epic IPO — which could become the largest in the entire history of the IT market — is experiencing an equally epic publicity and information attack. Despite the… Read More »

Block.one CEO Speaks On EOS (EOS), Bitmain IPO, Crypto Market

Block.One Drops $1B On EOS VC Brendan Blumer, the founder and chief executive officer of Block, the startup behind the world-recognized, multi-billion dollar EOS.io blockchain project, recently sat down with Bloomberg to discuss a variety of facets in the current crypto industry. Opening the interview, which stretched out to five minutes, the Bloomberg host questioned Blumer about Block.one’s… Read More »

Market Downtrend? These Cryptocurrency Companies Attempting IPOs Aren’t Fazed

As cryptocurrency market sentiment sits near its year-to-date low, multiple major companies are attempting public offerings in hopes of raising billions of dollars and securing market share in the highly competitive cryptocurrency mining industry. Bitmain, Canaan, and Ebang, the three biggest players in the crypto mining industry, are all racing to be the first publicly offered cryptocurrency mining… Read More »

Bitcoin Cash Follows Ripple Price Pump On Back Of Bitmain IPO News

Bitcoin Cash (BCH) staged an unlikely comeback September 27, rising almost 25 percent after news mining giant Bitmain had finally filed for an initial public offering (IPO). BCH Hits Multiweek Highs Data from Coinmarketcap shows BCH 00 beating out competition from all of the top twenty cryptocurrency assets for the 24 hours to press time, hitting $564 –… Read More »

Bitmain Releases First Public Financial Disclosures

On September 26th, mining firm Bitmain publicly disclosed its financial information for the first time. The move comes in anticipation of an IPO on the Hong Kong Stock Exchange. Bitmain, the Chinese giant of crypto mining, has publicly released its financial standings in a prospectus report on Wednesday. The report covers the company’s finances up to June of 2018,… Read More »

Cryptocurrency Trading Update: Bitcoin Cash (BCH) Buoying Up Crypto Markets

Markets have regained a little today, Bitcoin Cash is pumping, HyperCash is dumping. A couple of days of bearish pressure has relented and crypto markets are heading back upwards during Asian trading today. There has been a 5 billion dollar bounce led largely by altcoins as markets head back over $215 billion once again. Bitcoin has inched up… Read More »

Bitmain By the Numbers: An Inside Look at a Bitcoin Mining Empire

That Bitmain is a behemoth is hardly news. CoinDesk had previously reported that the cryptocurrency mining hardware maker brought in revenues of $2.5 billion in 2017 and $2 billion in Q1 2018, but with the publication on Wednesday of Bitmain’s draft initial public offering (IPO) prospectus – a step towards its much-anticipated listing on the Hong Kong Stock Exchange,… Read More »

Bitmain Officially Files for IPO As It Faces Growing Competition, BCH Jumps 20%

Chinese cryptocurrency mining giant, Bitmain, has officially filed an application to conduct an Initial Public Offering (IPO) on the Hong Kong Stock Exchange (HKEX). The application has been long anticipated by analysts, and many cryptocurrency investors are excited at the prospect of being able to invest in the mining operation. First published today, the IPO prospectus document does not… Read More »