Bitmain Technologies Ltd, the world's largest producer of cryptocurrency mining chips is planning to go public later this year and has proposed a world record initial public offering (IPO) price, according to documents obtained by CoinDesk.
The company is reportedly filing for an IPO as high as $18 billion at a market capitalization of between $40 and $50 billion in September. China International Capital Corporation (CICC) will be underwriting the process and the shares listed on the Hong Kong Stock Exchange in the year’s fourth-quar...
