https://twitter.com/btcking555/status/1070273504011005952BTCKING555
@btcking555 8 minutes ago
Approached by an investor desperate to liquidate Bitmain shares at $1,5 bln valuation ! Thats almost 90 prc down-round from August !
https://twitter.com/btcking555/status/1070278748606472192BTCKING555
@btcking555 53 seconds ago
With massive losses, Bitmain has no resources to support BCH. Illiquid BCH falls further hitting Bitmain balance sheet. Suppliers cut off credit lines & buyers wary to purchase equipment. IPO Canceled. Only solution - significant down round and VCs take over? Interesting to see!
I
hat hate to say it but it seems Roger Ver was right after all; babies
are dying! Well, at least Jihan Wu's and Micree Zhan's baby. I wonder what the reincarnation of Bitmain will be called...
edit: I meant to type
hate. Damn! I have to lay off the hats for a while.