Bitmain Co-founder Exits, Resolving Years-long ... -

: Wu officially resigned as Bitmain’s CEO and Chairman.

: Micree Zhan purchased nearly half of Bitmain’s shares from a group of founding shareholders (including Wu ) for $600 million . Bitmain Co-Founder Exits, Resolving Years-Long ...

: A major mining pool was also transferred to Wu’s control as part of his exit. Background of the Conflict : Wu officially resigned as Bitmain’s CEO and Chairman

The purchase was financed through a from Bitmain’s cash reserves and $200 million in outside funding. Bitmain Co-Founder Exits, Resolving Years-Long ...