Bitmain Sells Bitcoin, Buys Bitcoin Cash – Now Holding 5% of Circulation

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Bitmain Sells Bitcoin, Buys Bitcoin Cash – Now Holding 5% of Circulation

Postby kreslik.news » Sat Aug 11, 2018 1:15 pm


Bitmain has sold much of its Bitcoin for Bitcoin Cash, according to a pre-IPO document:
According to the Bitmain pre-IPO investor deck, they sold most of their #Bitcoin for #Bcash. At $900/BCH, they’ve bled half a billion in the last 3 months. If Bitcoin Core devs didn’t disclose the Bcash vulnerability, it could’ve wiped a billion dollars off their balance sheets. pic.twitter.com/9BMywdvvby

[url=https://simplefx.com/dashboard/?utm_source=financemagnates.com&utm_medium=pr26062018&utm_content=SFX&utm_campaign=FXmedia]Time to buy the dip?[/url]

— Samson Mow (@Excellion) August 11, 2018

As Bitmain prepares to list itself on a stock exchange, most likely that of ... (read more)

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