Bitcoin mania triggers fundraising rush by Chinese players

By Samuel Shen and Alun John

SHANGHAI/HONG KONG (Reuters) – Bitcoin mania has fuelled a surge in fundraising by Chinese companies seeking to expand their cryptocurrency operations or move into the red-hot sector.

From large listed companies tapping public markets to smaller players raising funds from venture capitalists, a jump in cryptocurrency prices and signs of growing acceptance of the technology by mainstream institutions have fed the market boom.

Chinese bitcoin mining machine…


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