Company Bitmain is estimated at $12 billion.


In the second round of raising funds Chinese manufacturer of bitcoin miners Bitmain is estimated at $12 billion a Local news publication Caixin reported that this round is brought from $300 million to 400 million, the largest investors were American hedge Fund Coatue, Chinese Sequoia Capital and Singapore government Fund EDBI.

The second round of funding allowed us to collect much more funds than the first, held in July 2017: whereas, the company managed to attract $50 million, the largest investors in the first round of steel Sequoia and IDG Capital.

According to Caixin, the mining giant plans to spend public placing of shares, but does not specify a time frame. If the plans are confirmed, Bitmain will follow the example of their Chinese competitors Ebang Communication and Canaan Creative, have applied to conduct an IPO on the Hong Kong stock exchange.

Analysts believe that Bitmain mining pools control more than 43% Hasrat bitcoin. Recently the company was named as one of the producers of blocks in the network EOS.

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