On June 26, Chinese firm Ebang was listed on the Nasdaq Global Market under the ticker EBON, becoming the second Bitcoin (BTC) mining manufacturer to go public on a United States stock exchange.
The company intends to secure up to $125 million in the offering and follow up with an ambitious enlargement — namely, it plans to open up a cryptocurrency exchange and mining farms. So, what does going public mean for the mining player, and will other crypto companies follow suit?