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September 28, 2018, 12:12:22 AM
Merited by micgoossens (1)

Curious thread about Bitmain IPO  https://twitter.com/katherineykwu/status/1045059356994269184





I'm thinking this whole Bitmain IPO document is a complete fabrication.

Why? Because if they really did make that much net revenue in half a year's time, then they'd never have a need to take the company public.

Period.


when this was first floated...i think I heard 15 billion..that is a lot of mula. Now not so much. On the other hand, if they do the IPO now and btc dumps..they got lots

and lots of IPO $$$ as a hedge to cover their 'dubious' BCH investments this year Smiley But, if BTC pumps, they can ride this IPO back up to whatever the market will bear

win/win



I can't imagine anyone would want to put any serious cash into the Bitmain IPO with the two idiots (Jihan Wu and some other rich Chinese asshole named Micree Zhan) controlling 55% of the company.