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Wu Blockchain exclusively reports Whatsminer MicroBT to IPO on NASDAQ

Read more from the original report in Chinese here:

“Wu said that the blockchain has learned from multiple sources that Bitcoin Mining Machine (Shenma Mining Machine), currently the second largest mining machine manufacturer in the Bitcoin mining machine market, is preparing for a US stock listing. New financing may be completed before listing to help obtain more Samsung chip production capacity in the bull market, and at the same time, it is likely to sign the terms of listing and betting.”

“Shenma’s operating conditions are relatively good. It is expected that revenue in 2020 should be in the hundreds of millions of dollars, and Bitmain’s revenue in 2020 should be in the range of 1 to 2 billion US dollars. Shenma’s new generation of M50 series machines have also been officially put into trial production, or strive to be shipped before the high water period. Considering its current market share, it may be highly sought after in the US stock market. Due to the sharp increase in mining machine prices, Shenma’s revenue in 2021 may reach 1 to 2 billion US dollars.”

 

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