IPO of Crypto Mining Giant Bitmain Could Pose More Risks Than Benefits

Bitmain, the world’s largest crypto mining equipment manufacturer, has filed for an initial public offering (IPO) with the Hong Kong Stock Exchange (HKSE) after recording staggering year-on-year growth. In 2017, the Chinese firm brought $2.5 billion in revenues and in the first half of this year, the revenue reached $2 billion. Ideally, Bitmain should appeal...

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