: Wu officially resigned as Bitmain’s CEO and Chairman.
A new five-member board was established, with Zhan appointing three members and Wu appointing two. Strategic Business Split Bitmain Co-Founder Exits, Resolving Years-Long ...
To settle the dispute and streamline the company for a future IPO, Bitmain's businesses were divided between the two founders: : Wu officially resigned as Bitmain’s CEO and Chairman
: An international mining farm and cloud computing platform with operations in the U.S. and Norway. Bitmain Co-Founder Exits, Resolving Years-Long ...
: Micree Zhan purchased nearly half of Bitmain’s shares from a group of founding shareholders (including Wu ) for $600 million .
: Retained the hardware manufacturing business and the Antpool mining pool.
: Zhan resumed control of Bitmain’s core manufacturing and China-based operations.