Foreign media: Bitmain will apply for listing as early as September, with fundraising scale not exceeding US$3 billion

According to Bloomberg, Bitmain will apply for listing as early as September, with a fundraising scale of no more than $3 billion. On August 13, according to documents obtained by CoinDesk, Bitmain will apply for an initial public offering (IPO) in September this year, with a scale of up to $18 billion and a market value estimated to be between $40 billion and $50 billion. Previously, Bitmain had completed $560 million in financing, with a pre-financing valuation of $14 billion. After the financing, Bitmain was valued at $14.6 billion. It is reported that Bitmain's financing window for this round was very short and the completion time was very fast, so many investors were unable to participate in Bitmain's financing round due to insufficient time to complete the investment process.