During the now completed round of series B funding, a Chinese mining company Bitmain has been estimated at $ 12 billion.
According to Chinese news outlet Caixin, which cited its own anonymous sources familiar with terms of transaction, the exact amount of investment is unknown, but it can range from 300 to 400 million dollars. In a new Rand leading investors government of Singapore investment Fund EDBI, the American hedge Fund Coatue and Sequoia Capital China.
In the previous funding round series A company Bitmain, which was conducted about a year ago, it attracted $ 50 million, as leading investors were made by IDG Capital and Sequoia Capital China.
The report also notes that currently Bitmain is conducting a round of funding to prepare for an IPO and perhaps in the future the company will place its shares on the Hong Kong stock exchange.
The desire to spend IPO the company Bitmain has announced
about a month ago. And if this information is true, then Bitmain will be another Chinese mining company, which decided to place their securities on the stock exchange. Previously, applications for IPOs on the Hong Kong stock exchange filed company Canaan Creative and Ebang Communication.