Bitmain Technologies says it plans to list in the future, after its current IPO application lapses
One of the world’s largest makers of cryptocurrency mining equipment shelved plans for an initial public offering, becoming the latest casualty of the industry’s worst slump in years.
On Tuesday, Bitmain Technologies, which sells chips and hardware for bitcoin mining, said it would reapply to list in the future after a six-month deadline on its listing application lapsed.
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