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

: Exited to lead the newly independent spinoffs:

To settle the dispute and streamline the company for a future IPO, Bitmain's businesses were divided between the two founders:

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

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

: Retained the hardware manufacturing business and the Antpool mining pool. : Exited to lead the newly independent spinoffs:

: Zhan resumed control of Bitmain’s core manufacturing and China-based operations.

: 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 ...

: An international mining farm and cloud computing platform with operations in the U.S. and Norway.