8 months ago

Bitmain, the mining giant, has attracted Chinese technology company Tencent and Japanese Softbank as investors, ahead of the IPO, which is to take place this year at the Hong Kong Stock Exchange.

At the end of July, the media reported that Bitmain is holding a round of raising $1 billion. At the end of the round (which, according to the Chinese edition of QQ, was closed on August 4), the company’s value should be $15 billion.

In this phase of raising funds, the Chinese technology conglomerate Tencent, whose market capitalization is not inferior to Facebook, and the Japanese Softbank actively investing in technology projects, took part. Besides that, Softbank is the largest holder of Uber service shares.