blockchain

Report: Chinese MicroBT is planning a US IPO

TL;DR Breakdown: MicroBT is reportedly planning to go public in the United States. It intends to boost production capacity through the IPO. MicroBT, one of the leading Chinese Bitcoin mining machine makers, is preparing to go public in the United States through Initial Public Offering (IPO). Chinese blockchain reporter Colin Wu (Wu blockchain) reported the […] …

blockchain

Mining Rig Manufacturer MicroBT Prepares for U.S. IPO With Estimated $1 Billion Revenue In 2021

MicroBT, one of China’s biggest mining rig manufacturers of mining equipment is preparing for an Initial Public Offering (IPO) this year in the U.S. Stock market. Founded in 2016, microBT is a relatively new player but the second-largest Bitcoin mining rig manufacturer in China. The company has gained solid market share with its Whatsminer series,
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