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Mining Giant Bitmain Confidentially Files for US-Based IPO

Mining Giant Bitmain Confidentially Files for U.S.-Based IPO – Bitcoin News

According to reports, bitcoin mining manufacturer Bitmain Technologies confidentially filed for a U.S.-based initial public offering (IPO) with the Securities and Exchange Commission. The news follows the alleged removal of cofounder and executive director Micree Zhan and the recent announcement of a facility in Texas with the capacity to house 300MW of hashpower.