Canaan Inc., the world’s second largest Bitcoin mining machine manufacturer, is the first to file an IPO prospectus for a public listing. Therefore, its security filing is an interesting read, providing a rare look into an industry that is still often shrouded in secrecy. Canaan, owned by a group of young entrepreneurs all under the age of 35, is betting that its IPO will be as well-timed as its business development, which coincided perfectly with the golden era of Bitcoin …

What We Learned From Canaan’s Hong Kong IPO Prospectus appeared first on China Money Network.


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