Aug 14, 2018 ⋅ 1 min read
Bitmain holds 1,021,316 Bitcoin Cash ($BCH) as of March 2018, amounting to $533 million at current prices and at nearly $1 billion at acquisition prices. The seemingly leaked prospectus of Bitmain’s Initial Public Offering (IPO) further says they had 931,932 Litecoin ($LTC) as of March 31st, 2018, currently worth around $55 million, but their acquisition price is $51 million. Bitmain’s bitcoin holdings have been decreasing for the past two years, with their known bitcoin address showing they now have only 6,700 BTC, currently worth $42 million, as of August 12th, 2018. Based on this information Bitmain is now holding 6% of all Bitcoin Cash supply as of March 2018, making them the biggest BCH holder by far.
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