Tim Culpan, Columnist

Bitmain’s Prospectus Reveals a Lot About Bitcoin’s Wild Ride

Ten charts shed light on the world’s biggest crypto player

September 27, 2018 at 8:33 AM UTC

Tim Culpan is a former Bloomberg Opinion columnist covering technology in Asia. Previously, he was a technology reporter for Bloomberg News.

Though Bitmain has branched out, Bitcoin mining still dominates revenue.
Photographer: Qilai Shen/Bloomberg

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BitMain Technologies Holding Co. finally filed for a Hong Kong IPO. That gives the investment and cryptocurrency communities a long-awaited look at the financial details of the world’s largest Bitcoin-mine maker.

Here’s a selection of data pulled from its 438-page filing.