Bitmain Raises $400 Million in Pre-IPO Funding, Now Valued at $12 Billion: Report

62


Bitmain, the dominant force in bitcoin mining, has reportedly raised $400 million as it gears up to go public later this year. Regional media outlet China Money Network reports that the funding round, which values the China-based firm at $12 billion, was led by Sequoia Capital China, a VC that has been quite active in

The post Bitmain Raises $400 Million in Pre-IPO Funding, Now Valued at $12 Billion: Report appeared first on CCN

Posted by Josiah Wilmoth on June 11, 2018 @ https://www.ccn.com/bitmain-raises-400-million-pre-ipo-funding-round-now-valued-at-12-billion-report/

Comments are closed.