Sources: Bitmain claimed it had $1.25B in 2017 profits during the pre-IPO $400M+ Series B in June of 2018, while its IPO prospectus says it earned just ~$700M (Financial Times)

Financial Times:
Sources: Bitmain claimed it had $1.25B in 2017 profits during the pre-IPO $400M+ Series B in June of 2018, while its IPO prospectus says it earned just ~$700M  —  Bitmain Technologies, the world's largest maker of cryptocurrency mining hardware, has stated significantly smaller profits …

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https://ift.tt/2PvCMEM November 14, 2018 at 02:10AM https://ift.tt/gaIxo5