Bitmain Founder Jihan Wu Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets: Report

source: CoinDesk

2022. Sep. 27. 14:23

Bitmain Founder Jihan Wu Setting Up $250M Fund to Buy Distressed Bitcoin Mining Assets: Report Jihan Wu, crypto billionaire and founder of bitcoin miner maker Bitmain, is setting up a $250 million fund to purchase distressed assets from mining firms, Bloomberg reported Tuesday.