recently,recently,Bitmain completed US$560 million in financing and may submit a prospectus to the Hong Kong Stock Exchange in September. aftermediaAsked Bitmain for confirmation, but the other party declined to comment. according toto reportto report
Recently, the cryptocurrency commentator WhalePanda in hisTwitterTwitterDisclosed on Bitmain’sPre-IPO financial report
Blockstream’s CSO Samson Mow tweeted that the reason for Bitmain’s rapid financing and only disclosing its 2018 Q1 results in its financial report is that Bitmain has $1.24 billion in inventory, while the price of S9 has dropped by 85%. Therefore, Bitmain’s loss in the second quarter was 600-700 million US dollars. The post cryptocurrency commentator WhalePanda retweeted the tweet. aftermediaAsked Bitmain for confirmation, but the other party declined to comment.
Samson Mow Twitter
In addition, in the disclosed Bitmain Pre-IPO financial report, this page "company financial overview" was forwarded by many people on Twitter.From this figure it can be seen that,The BTC held by Bitmain is decreasing year by year, and the BCH held (that is, BCC in the figure) is increasing year by year.
From the end of December 2016 to the end of March 2018, the BTC held by Bitmain decreased from 71,560 to 22,082, and from the end of December 2017 to the end of March 2018, the BCH held increased from 841,866 to 1,021,316.
If this picture is true, then at the end of March this year, Bitmain's BCH holdings accounted for more than 5% of the total number of BCH (17.3 million).
Odaily will continue to pay attention to whether Bitmain’s financing news and its Pre-IPO financial report are true.
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