Mining Giant Bitmain Posts $500 Million Loss in IPO Financial Filing

https://www.coindesk.com/mining-giant-bitmain-posts-500-million-loss-in-ipo-financial-filing

Mining hardware giant Bitmain lost about $500 million in the third quarter of 2018

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The company had also previously reported $2.8 billion of revenues for the first half, so the $3 billion figure for the first nine months works out to third-quarter revenues of just about $200 million.

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Submitted February 19, 2019 at 09:42AM by djulac http://bit.ly/2T4SCH6

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