Chinese bitcoin mining machine maker Canaan files for US IPO after abandoning Hong Kong listing earlier

  • China-based company listed its offering size as US$400 million in its filing Monday with the US Securities and Exchange Commission

A technician inspects the backside of bitcoin mining at Bitfarms in Saint Hyacinthe, Quebec on March 19, 2018. Photo: AFP

Canaan, the world’s second-largest maker of bitcoin mining machines, has filed for a US initial public offering.

The Hangzhou, China-based company listed its offering size as US$400 million in its filing Monday with the US Securities and Exchange Commission. The amount is typically a place holder that is likely to change.

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