Bitmain Co-founder Exits, Resolving Years-long ... Access
: 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 ...
To settle the dispute and streamline the company for a future IPO, Bitmain's businesses were divided between the two founders: : Zhan resumed control of Bitmain’s core manufacturing
: A major mining pool was also transferred to Wu’s control as part of his exit. Background of the Conflict Bitmain Co-Founder Exits, Resolving Years-Long ...