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Bitmain to launch IPO in Hong Kong Stock Exchange

Lena Li, Taipei; Willis Ke, DIGITIMES 0

China Bitcoin ASIC supplier Bitmain plans to launch an initial public offering (IPO) in Hong Kong early 2019 at the latest, and is seeking a pre-IPO financing of US$1 billion to boost its valuation to US$15 billion, according to industry sources.

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