Bitmain’s $3 Billion IPO Application is Officially Dead but Dream Remains Alive

The IPO dreams of Bitcoin mining equipment giant Bitmain are over, at least for now, as its listing application which was filed on September 26, 2018 has reached the six-month expiration date. Without giving a specific date Bitmain, however, said in a blog post that it will reapply at a future date. The crypto mining hardware maker had intended to raise $3 billion from the IPO at the Hong Kong Stock Exchange (HKEX), per the Financial Times. Bitmain did not, however, clarify whether it will still seek to list on the Hong Kong Stock Exchange or elsewhere. Did Hong Kong

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