Cornered by Bear Market, Bitmain Is Facing an Unclear Future
Bitmain’s CEOs might be stepping down because of the bear market. On Jan. 10, news emerged that Chinese Bitcoin mining giant Bitmain’s co-founders, Jihan Wu and Micree Zhan Ketuan, will step down as co-CEOs of the company. The move follows a streak of reports suggesting that Bitmain has been facing mass layoffs, class action lawsuits and […]
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