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

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.