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Bitmain suffers substantial positions on Bitcoin Cash


Eugene265

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According to the Bitmain pre-IPO investor deck, they sold most of their #Bitcoin for #Bcash. At $900/BCH, they've bled half a billion in the last 3 months. If Bitcoin Core devs didn't disclose the Bcash vulnerability, it could've wiped a billion dollars off their balance sheets. 

The chief strategic director of block company Blockstream, Samson Moe, published the documentation for potential investors of the largest manufacturer of mining equipment Bitmain. It turned out that the company sold most of the bitcoins and seriously increased its positions on Bitcoin Cash.

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