Bitmain receives investments from Sequoia Capital

Crypto Exchange Market News

Sequoia Capital has invested in Bitmain Technologies Limited. Bitmain is aiming to launch its IPO in a week. The Sequoia Capital has invested nearly $400 million. Bitmain aims to present the ASIC chips Antminer E3 for mining Ethereum in the month of July. The company has generated nearly $2.5 billion in revenue during the previous year.

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