#Bitmain IPO News

Bitmain Leadership Crisis Deepens as Ousted Co-founder Threatens Legal Action

November 7, 2019 by Osato Avan-Nomayo at Bitcoin

In the latest salvo in the ongoing saga surrounding Bitmain, ousted co-founder Micree Zhan is threatening to fight back claiming to have been betrayed by his partners. Meanwhile, the Bitcoin mining giant is moving ahead with plans to launch a U.S. IPO. Bitmain Co-founder Threatens War Dovey Wan, founding partner...

Bitcoin Mining Giant Bitmain Launches Data Center In Washington Despite Crypto Crash

Bitcoin Mining Giant Bitmain Files for U.S. IPO, Chases Canaan Creative

October 30, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Bitmain Technologies, the world’s leading manufacturer of Bitcoin mining equipment, has secretly filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). Bitmain’s application comes just a few days after its primary competitor, Canaan Creative, made its IPO intentions known to the financial authority. Fascinatingly,...

Bitmain Founders Stepping Back As New CEO Steps In

January 11, 2019 by Neil at Business, Mining, News

Bitmain, the world’s largest Bitcoin-mining manufacturing equipment company is undergoing quite the restructuring, as the new CEO, Wang Haichao, will be replacing two of the company’s original founders, according to a new report (Jan 10). Bitmain Restructuring It wasn’t too long ago that many people considered Bitmain the most valuable...