Bitcoin mining giant Bitmain says it booked $700 million first-half profit as it files for IPO
Plans Hong Kong debut
Bitmain Technologies, the largest digital currency mining company in the world, released its first public financial statements to the Hong Kong Stock Exchange, confirming its intention to go public.
The document is the first look into the company’s financial situation and showed the Beijing-based giant racked up $2.8 billion in revenue in the six months ending June 2018, a 10-fold increase from the same period in 2017.