The World’s Biggest Crypto Company Just Opened the Books for Its IPO

One of the cryptocurrency world’s most powerful, controversial and secretive companies just opened its books for the first time.

One of the cryptocurrency world’s most powerful, controversial and secretive companies just opened its books for the first time.

Bitmain Technologies, the virtual currency mining firm co-founded by billionaires Jihan Wu and Micree Zhan, released its first public financial statements in a Hong Kong regulatory filing on Wednesday. The disclosure, which also confirmed Bitmain’s intention to pursue an initial public offering, follows months of speculation about the company’s listing plans and its potential vulnerability to a more than $600 billion rout in digital assets since January.

Here are some of Bitmain’s financial highlights:

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