Bitmain spinoff Bitdeer now public on Nasdaq via SPAC deal
Bitdeer, whose chairman Wu Jihan founded ASIC maker Bitmain, has made its debut on Nasdaq following a deal valued at $4 billion, joining fellow miners Riot and Marathon.
Bitdeer, whose chairman Wu Jihan founded ASIC maker Bitmain, has made its debut on Nasdaq following a deal valued at $4 billion, joining fellow miners Riot and Marathon.
500.com entered the share exchange agreement with Blockchain Alliance Technologies, the parent company of BitDeer, which is majority-owned by Wu.
Jihan Wu has officially resigned from Bitmain; the companies internal struggle for power has come to an end and Micree Zhan is official in control.