Category: Bitmain’s

Bitmain’s US IPO Plans Could Go Up in Smoke
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Bitmain’s US IPO Plans Could Go Up in Smoke

Bitmain, a leading bitcoin miner, has secretly filed for an IPO that is sponsored by Deutsche Bank, a German multinational company, as reported by Tencent News. The company has been struggling to bounce back since crypto winter. The black swan event dampened demand for cryptocurrency mining machines, causing profitability to plummet. The reported secret filing…

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