⛏ Mining giant Bitmain valued at $12 billion from Series B funding round

According to Chinese news outlet Caixin, Bitmain just closed a new Series B round led by Sequoia Capital China, Coatue, and EDBI which valued the company at $12 billion. Furthermore, the report suggested that Bitmain is currently conducting a pre-IPO funding round and could go public on the Hong Kong Stock Exchange in the future.

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