⛔️ Uber shareholder Softbank denies Bitmain investment
Softbank published an official statement denying its involvement in Bitmain's latest round of funding, contradicting previous reports. Kenichi Yuasa with the institution’s Corporate Communication Office said, “Neither the Softbank Group Corp. nor the Softbank Vision Fund were in any way involved in the deal.” Tencent and another supposed backer, China Gold, have neither confirmed nor denied their involvement. The news could impact Bitmain's upcoming IPO.
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