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Big Investors Deny Involvement In Crypto Miner Bitmain's Pre-ipo Funding

by coindesk.com posted 12months ago 46 views
Following reports of Bitmain closing a $1 billion pre-IPO investment round, some notable investors have disputed their alleged participation. : Tencent Holdings and SoftBank Group are both disputing their involvement in a widely reported pre-IPO investment round for Chinese cryptocurrency mining giant Bitmain. Reports on the firms' participation in the funding effort first emerged among Chinese media in early August. Soon after, several outlets including CoinDesk, TechCrunch and other media platforms cited the reports in follow-up articles on the mining giant's anticipated multi-billion dollar initial public offering in Hong Kong.

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