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“They’ll Possess a high quality for his or her valuation due to the fact there are hardly any” stocks like Bitmain in Hong Kong, Wang said. “Even so the sustainability with the enterprise may be the question mark.”
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In an job interview with Bloomberg News, Wu claimed Bitmain booked $two.five billion of income final year Which he and co-founder Micree Zhan alongside one another individual about sixty per cent from the business. Whilst Bitmain has handful of direct comparables, applying a many just like that of publicly traded chipmakers such as Nvidia Corp.
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