Bankers eagerly await the Hong Kong IPO of Bitmain, the dominant provider of computer hardware for cryptocurrency miners which had $2.8 billion of revenue in the first half of 2018. But as they wonder what valuation public investors will eventually put on a company that has already raised $872 million in private funding – with a $422 million venture round completed in August that drew in Temasek Holding among others – let’s not forget Argo Blockchain.
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