All seriously: the Creator of Bitcoin miners Canaan has applied for IPO
Source:
Two weeks ago, journalists on the possible withdrawal of Canaan Creative company for an IPO. The leadership counted on a listing on the Hong Kong stock exchange, but also allowed the option of placing securities in the United States. In the end, the manufacturer decided to contact the Chinese market, which is confirmed by documents.
themining equipment can bring a billion
The Creator of chips and ASIC miners chose the Hong Kong stock exchange, reports . This is evidenced by the application for the placement of securities, which was filed may 15. The document is still in draft form and awaiting approval of the exchange.
According to sources of Bloomberg, the company intends to obtain financing in the amount of one billion dollars. Canaan if it succeeds, the IPO will be the largest in the cryptocurrency industry.
The document also contains data on the financial status of the manufacturer. Canaan Creative income last year amounted to 204 million dollars, which is 3000% more in comparison with result of 2016. Net profit for the same period, equivalent to 56 million. It is six times more than the figures for the previous year.
I Hope for the success of the company. In case of successful IPO resources Canaan will certainly be including deployed in the creation of new miners. Active competition from Bitmain will be on hand to end-users.
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