the crypto large recorded a giant loss in Q2 2018 • TechCrunch

Bitmain’s IPO is the huge information within the crypto world this week. The corporate simply filed its IPO prospectus and the numbers are spectacular, notably the year-on-year progress between the primary six months of 2018 and a yr prior, which noticed a near-10x soar in income and 7x progress in revenue. However, that aggregated six-month quantity could also be masking what was a poor quarter of enterprise for Bitmain.

Bitmain didn’t get away its income for Q1 and Q2 2018 in its prospectus, as an alternative it blended them along with a pleasant wanting determine for the primary six months of the yr, H1 2018. However we will crunch some numbers to provide an concept of what it is likely to be.

Source link






Leave a Reply

Your email address will not be published. Required fields are marked *