Bitmain Co-founder Exits, Resolving Years-long ... May 2026

: Retained the hardware manufacturing business and the Antpool mining pool.

: Wu officially resigned as Bitmain’s CEO and Chairman. 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 : Retained the hardware manufacturing business and the

: 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 new five-member board was established, with Zhan appointing three members and Wu appointing two. Strategic Business Split

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