Crypto mining giant Bitmain is reportedly getting a new CEO as its IPO plan stalls

Bitmain, the Chinese manufacturer of crypto miners, seems to have reached an interesting point in its approach to become public. Since the company applied to be listed in Hong Kong in September, little has been heard, but it now appears that a new CEO has been hired and his two founders leave. According to a report by SCMP, quoting two sources, said Wang Haichao, director of product engineering at Bitmain, assumed the role of chief executive officer following a transition that began in December. The founders Wu Jihan (pictured above) and Zhan Ketuan will co-chair Wang, described as the "potential

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