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

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Bitmain Founder Jihan Wu Setting Up 0M 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.



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