Manufacturer of bitcoin mining hardware designed to offer cryptocurrency.
Bitmain designs and sells the Antminer ASIC rigs that dominate bitcoin mining and operates AntPool, one of the largest mining pools. Its $15B valuation dates to a $1B pre-IPO round in 2018; the Hong Kong listing it filed for that September lapsed, and a confidential US filing reported at the end of 2019 never completed either. Revenue moves with the bitcoin price, network difficulty and the halving cycle, which is precisely why the listings stalled.
Other Hardware📍 Beijing, ChinaFounded 2013
Current Valuation
$15B
as of 2018-Q3
DECACORN
QL Price
$20B
+34% vs last round
QuantLogix's current estimate for Bitmain, published 2026-09-27 — above the last disclosed round of $15B (2018-Q3).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round
$15B
2018-Q3
weight 0
Secondary market print
$20B
2026-06-27
weight 0.58
How this price has held up
No round has priced for Bitmain since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-27 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Bitmain, 2026-09-27 (b0699b3ecbf4deab).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Bitmain going public?
No. Bitmain is private and has not filed to go public. There is no S-1 on file.
What is Bitmain's valuation in 2026?
Bitmain is valued at $15B as of 2018-Q3, set by its Series B1 ($422.05M, Aug 2018). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Bitmain filed an S-1?
No public S-1 is on file for Bitmain.
Who are Bitmain's investors?
Bitmain's investors include Sequoia Capital China, IDG Capital, Coatue Management, GIC, EDBI.
How much has Bitmain raised?
Bitmain has raised $764.75M in total, most recently a Series B1 of $422.05M in Aug 2018.
Is Bitmain publicly traded — can you buy Bitmain stock?
No. Bitmain is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Bitmain on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
Founded
2013
HQ
Beijing, China
Employees
3,100
Total Raised
$764.75M
Growth
Valued at $15B post-money in its 2018 pre-IPO round, with bankers at the time floating $40B-$50B for a listing that never happened — the Hong Kong filing lapsed and a reported US filing went nowhere. No priced round has re-tested the mark since.
Last Round
Series B1 — $422.05M (Aug 2018)
IPO Status
private
Fundraising Status
Series B1 · $422.05M · 8y 1mo ago
privateTotal raised $764.75M
Secondary Market
Implied price / share
$1.75
Last round price / share
$1.3
vs last round
+34.6%
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series B1
$422.05M
Aug 2018
—
$15B
Talent Signal
No public careers page or job board could be found for Bitmain as of 2026-09-15. That itself is a datapoint: no open external hiring surface.
Checked the company site and major hosted job boards. Re-checked monthly.
Founders & Key People
Micree ZhanJihan Wu
Investors
Sequoia Capital China · IDG Capital · Coatue Management · GIC · EDBI
Products
Antminer ASIC bitcoin miners
AntPool mining pool
Mining hosting and hardware services
AI/ASIC chip design (Sophon line)
Competitors
MicroBT · Canaan Creative · Ebang · Intchains
Crypto MiningSemiconductorsASICHardwareChina
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2018-Q3. Refreshed quarterly.