Bitmain, founded in 2013 and headquartered in Beijing, has raised approximately $765 million, including a major Series B round of about $400 million that contributed to its valuation of nearly $15 billion. The company is a global leader in cryptocurrency mining hardware and develops advanced ASIC chips and Antminer systems used by miners worldwide. Backed by investors such as Crimson Ventures, Bitmain has expanded into AI computing and high performance semiconductor development. Its innovations continue to influence global Bitcoin mining and blockchain infrastructure growth.