Bitmain Poised to Appoint Tech Chief as New CEO, Says Report

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Cryptocurrency mining giant Bitmain may be about to appoint an existing executive to lead the firm as its new CEO.

A South China Morning Post report citing people with “knowledge of the matter” said Thursday that the “potential successor” of the firm’s current co-CEOs Jihan Wu and Micree Zhan is Haichao Wang, currently Bitmain’s director of product engineering.

Wang has already taken over some of the leadership duties, while Wu and Zhan are expected to remain as chairmen and have the “final call” in the firm’s bigger decisions, according to the report.

Back in November, it was reported that Wu had been ousted from the board of BitMain Technologies Holding Company, the entity currently seeking to go public on the Hong Kong

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