The article is in Chinese, it's saying Bitmain lost over USD 300M from trading Bcash, as well as suffering from a multitude of problems, such as no release of new chips, goods that are total losses and failure to expand market dominance in the AI market.

https://ezone.ulifestyle.com.hk/article/2163399/%E5%82%B3%E6%AF%94%E7%89%B9%E5%A4%A7%E9%99%B8%E5%B0%87%E7%A0%B4%E7%94%A2%20%20%E6%8A%95%E8%B3%87%E5%A4%B1%E5%88%A9%E6%90%8D%E5%A4%B1%203%20%E5%84%84%E5%A4%9A%E7%BE%8E%E5%85%83

submitted by /u/lawsonian
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Source and link to Reddit topic: Mining Corp Bitmain is going bankrupt: Unconfirmed report

Author: Reddit.com