Bitcoin Cash shares jump 25% on Bitmain IPO filing, says report
Updated : September 27, 2018 11:07 AM IST
Shares of Bitcoin Cash, one of the many cryptocurrencies that the company mines and which Bitmain has on its balance sheet, soared in the interim, trading at $542 on a trading volume of about $800 million, the report said.
The IPO comes at a time when the cryptocurrency sector is facing a number of headwinds.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more