China’s Bitmain cryptocurrency miner finally filed its initial public offering application to trade on the Hong Kong Stock Exchange. However, its posted application is shy on some details such as the expected valuation, how many shares will be offered and when the IPO will be taking place.
But at least there’s an application, which is still in draft form and pending further listing hearings with the Hong Kong exchange, according to CoinDesk.
The filing does contain interesting information on how much the mining giant has made in revenue last year and in the first half of this year. In 2017 it earned $2,517,719,000 in revenue, up from $277,612,000 in 2016. As of June 30 this year, Bitmain has made $2,845,467,000 in revenue. Read more here.