Crypto Mining Giant Bitmain Might Go Public With $18B IPO

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Cryptocurrency mining giant Bitmain Technologies, Ltd. has been preparing for an IPO in recent weeks. According to Coindesk, Bitmain could be seeking to raise as much as $18 billion in a public offering, which would value the company between $40 billion and $50 billion. This comes after Bitmain reported $1.1 billion in profit in 2017, [...] Read more on ETFtrends.com.

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This article was provided by our partner Tom Lydon of etftrends.com.

This article appears in: Investing , ETFs

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