Shuli Ren, Columnist

Crypto Unicorns Clash While Bitcoin Droops

The world’s biggest makers of digital mining gear duke it out for funds in Hong Kong.

June 14, 2018 at 11:00 PM UTC

Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. A former investment banker, she was a markets reporter for Barron’s. She is a CFA charterholder.

Unicorn Stallions Fighting — Photographer: CoreyFord/iStockphoto/Via Getty Images

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The Hong Kong market is low-hanging fruit for shy but hungry unicorns.

Bitmain Technologies Ltd., the world’s dominant producer of cryptocurrency-mining equipment, is mulling a public listing, founder Jihan Wu told Blake Schmidt of Bloomberg News.