23 Aug BitMEX Leases The World’s Most Exorbitant Offices In Hong Kong
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BitMEX has hit the crypto printing press again, with the Hong Kong Economic Times, a local newspaper, reporting that the exchange had signed an agreement to rent out the world’s most expensive office spaces.
BitMEX, founded by former Citigroup trader Arthur Hayes has reportedly leased out the whole 45th floor of the Cheung Kong Center. This information comes anonymously via individuals allegedly knowledgeable about the firm’s plans.
While any piece of Hong Kong real estate is already expensive in and of itself, Cheung Kong Center, which is also home to Goldman Sachs, Barclays, the Bank of America and Bloomberg, has one of the highest $/Sq.ft ratios in the world.
In January, when Bloomberg interviewed Hayes, they discovered that the firm’s Hong Kong offices at the time were located in a lesser-known warehouse district, where rent is HK$25 ($3.18) for each square foot. But with the firm’s move to Cheung Kong, which is smack dab in one of Hong Kong’s flashiest districts,
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