Jamie McKane
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Bitcoin mining rig maker files for $1-billion IPO
Canaan Creative, the world’s second-biggest maker of bitcoin mining hardware, has submitted an application for a Hong Kong initial public offering that could raise about $1 billion, people with knowledge of the matter said.
The Chinese company aims to start trading as soon as July, one of the people said, asking not to be identified because the information is private.
[Bloomberg]
Canaan Creative, the world’s second-biggest maker of bitcoin mining hardware, has submitted an application for a Hong Kong initial public offering that could raise about $1 billion, people with knowledge of the matter said.
The Chinese company aims to start trading as soon as July, one of the people said, asking not to be identified because the information is private.
[Bloomberg]
