@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/1070278748606472192
@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 am sure they survive in the end. In a much reduced capacity for better AND worse.
Attack bitcoin... this is what happens.
I will relish the coming humiliation of the new crop of attackers.