Bitmain
Funding History
| Series C · 08/2018 | $14.5B |
|---|
About
Bitmain Technologies Ltd. is a Beijing-headquartered designer of application-specific integrated circuit (ASIC) chips for cryptocurrency mining, founded in 2013 by Micree Zhan and Jihan Wu. Through its Antminer brand, Bitmain is the world's largest manufacturer of Bitcoin mining hardware, serving customers in more than 100 countries and and formerly ran the AntPool mining pool and BTC.com, both of which became independent entities in 2021.
- CEO
- Micree Zhan
- Headquarters
- Beijing, China
- Founded
- 2013
- Website
- Bitmain.com
Overview
Bitmain designs and sells Antminer-brand ASIC chips and mining rigs used to secure the Bitcoin network, and and formerly operated the AntPool mining pool and BTC.com (both became independent in 2021), and continues to offer Bitcoin-mining hosting/data-center services. It is widely regarded as the dominant global supplier of Bitcoin mining hardware, historically credited with roughly three-quarters of the market at its 2018 peak. The company has twice pursued and abandoned public listings (a lapsed 2018-2019 Hong Kong IPO application and reported, unconfirmed later interest in a U.S. listing), remaining privately held as of September 2026. Its most recent disclosed primary funding round was a 2018 Series C; more recent capital activity has instead run through affiliates such as Nasdaq-listed lending partner Antalpha (IPO'd May 2025) and hardware/hosting deals such as the 2025 American Bitcoin partnership.
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