Bitmain


Markets

Bitmain Co-Founder Offers Share Buyback at $4B Valuation to End Power Struggle

The offer seems an apparent effort to bring about negotiations that could end the divisions that have been tearing the company apart.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)

Finance

Bitmain’s Power Struggle Takes Toll on Customers as Co-Founder Halts Shipments

Like the employees forced to choose sides, Bitmain customers have been caught in the middle of the power struggle at the No.1 bitcoin miner manufacturer.

Credit: CoinDesk archives, modified using PhotoMosh

Finance

Bitmain's Feuding Co-Founders Are Fracturing the Firm and Staff Are Caught in the Middle

Staff at bitcoin miner manufacturer Bitmain are being forced to choose between its two co-founders as a long-running feud over control of the firm worsens.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)

Finance

The CoinDesk 50: Bitmain, the Behemoth of Bitcoin Mining

Bitmain remains at the center of the crypto economy. But in China, "mining avengers" are racing to catch up.

Credit: Cavendish Design

Markets

Internal Struggle at Bitcoin Mining Giant Bitmain Escalates to Physical Confrontation

After Micree Ketuan Zhan, the exiled co-founder of Bitmain, moved to reinstate his position after another partial legal victory over his former employer, tensions reportedly escalated into a physical brawl.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)

Markets

Ousted Bitmain Co-Founder Wins Partial Victory in Latest Legal Battle

Micree Zhan persuaded a Beijing municipal agency to stop Bitmain from changing its local legal representative – but not to give him back the title.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)

Markets

Bitcoin's Plunge Was Foreshadowed by Miner Inventory Data

Bitcoin’s recent price drop has caught many investors off guard. However, a key metric showing worry among the miners gave a warning several weeks ago.

miners, crypto

Finance

Exiled Bitmain Co-Founder Is Fighting Back With Second Lawsuit

Micree Zhan, the ousted co-founder of Bitmain, has filed another lawsuit in his fight to regain control of the bitcoin mining giant – this time in China.

Micree Zhan, co-founder of Bitmain. (Credit: CoinDesk archives)

Finance

Bitmain Spin-Off Matrixport Seeks $300M Valuation in Latest Funding Round

Matrixport began pitching investors a few weeks ago with the aim of raising $40 million.

Jihan Wu