⛏️ Bitmain announces new CEO, updated IPO plans

Chinese mining manufacturing giant Bitmain has promoted former Chief of Engineering Wang Haichao to the position of CEO. Bitmain commented on its recently expired Hong Kong Stock Exchange (HKSE) IPO, saying they expect to reapply when market conditions permit. The hardware giant may also release its H2 2018 reports in light of announcements on maintaining financial transparency.

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