Tencent denies participation in Bitmain pre-IPO

Tencent denies participation in Bitmain pre-IPO
Chinese technical conglomerate Tencent denies its involvement in investing in the preliminary stage of the IPO of Bitmain Technologies, the world"s largest manufacturer of cryptocurrency mining equipment.
What happened?
August 10, both the cryptocurrency and mainstream media reported that Tencent and the Japanese conglomerate Softbank Group closed the round of Bitmain financing by $ 1 billion, in the run-up to the company"s IPO by $ 15 billion. This will be one of the largest IPOs in history, and therefore not surprisingly, that Bitmain is ...
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