Mining Company Seeks $2 Billion in Largest Ever Bitcoin IPO

Canaan Inc. has announced it will launch an IPO in July with the goal to raise $2 billion in funds in what would be the largest Bitcoin-related IPO to date.
Canaan to Launch Biggest Bitcoin IPO Ever
Bejing based Canaan inc., the worlds second largest Bitcoin mining hardware supplier increased its overall profits seven times in 2017 during the soaring Bitcoin price craze selling its products under the AvalonMiner brand. Since those halcyon days, the profitability of mining Bitcoin has steadi