English
RussianBitmain is a China-based technology company that specializes in the design and manufacture of hardware for cryptocurrency mining, particularly for Bitcoin. Founded in 2013 by Micree Zhan and Jihan Wu, Bitmain quickly became one of the most prominent and influential companies in the cryptocurrency industry.
Investors Bitmain
Bitmain
Tier 2Lead investor
Projects
11
Portfolio market cap
$1.25T
sum across all projects
Raised in these rounds
$171.9M
8 of 10 rounds with disclosed amounts
Tier
Tier 2
Lead investor
About the fund
Portfolio · 11
| Project | Price | Entry price | ROI | Stage | Date | Market cap | |
|---|---|---|---|---|---|---|---|
 QASHQASH | — | $0.3040 | 5 021x | — | — | $1.24T | |
 AvalancheAVAX | $11.00 | $0.5000 | 22x | Private Sale | $4.88B | ||
 StarkNetSTRK | $0.0432 | — | — | — | — | $320.5M | |
 VaultaA | $0.0960 | $4.56 | 0.02x | Public Sale | $160.4M | ||
 aelfELF | $0.0765 | $0.0990 | 0.77x | Public Sale | $63.2M | ||
 ShentuCTK | $0.1304 | — | — | — | — | $21.5M | |
 CortexCTXC | — | $0.5800 | — | — | — | $185.9K | |
 ViteVITE | — | $0.1000 | — | — | — | $148.3K | |
 JoystreamJOY | — | $0.0400 | — | — | — | $7.0K | |
 Core Scientific | — | — | — | — | — | — | |
 BEVM | — | — | — | — | — | — |
Entry price and ROI come from the source's data for this fund. Stage and date are derived by matching the entry price against the project's rounds; where there is no match, a dash is shown.
Funding rounds · 10
| Project | Stage | Raised | Valuation | Date |
|---|---|---|---|---|
| BEVM | Funding Round | — | — | |
| Shentu | Funding Round | — | — | |
| Core Scientific | Funding Round | $54.0M | $540.0M | |
| Avalanche Lead | Private Sale | $12.4M | $360.0M | |
| Joystream | Seed Round | $7.2M | $40.0M | |
| StarkNet | Seed Round | $6.0M | $60.0M | |
| Vite | Private Round | $40.4M | $100.0M | |
| Cortex | Private Round | $34.9M | $173.9M | |
| aelf | Seed | $1.0M | $10.0M | |
| QASH | Series A | $16.0M | $160.0M |
Focus areas
Blockchain3
Avalanche Ecosystem1
Layer-21
Infrastructure1
Cross-Chain Communication1
Co-investors
Fundamental Labs3 shared
Polychain Capital2 shared
Galaxy2 shared
Naval Ravikant2 shared
MetaStable Capital2 shared
Andreessen Horowitz (a16z)1 sharedFunds that most often back the same projects.