Credit: Shutterstock photoCryptocurrency mining giant Bitmain Technologies, Ltd. has been preparing for an IPO in recent weeks. According to Coindesk, Bitmain could be seeking to raise as much as $18 billion in a public offering, which would value the company between $40 billion and $50 billion. This comes after Bitmain reported $1.1 billion in profit in 2017, [...] Read more on ETFtrends.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
