Mikri Zhang Convened a Board of Directors, but Things didn't Go as Planned
Today, December 9, there was a meeting of shareholders of the world's largest manufacturer of network equipment Bitmain. At this meeting, Mikri Zhang wanted to remove all current directors and continue to manage the company independently. https://twitter.com/BlockBeatsChina/status/1203901935839043589 But, unfortunately, the vast majority of shareholders rejected this offer. One participant said: “I don’t know why Zhang hold this meeting, awkward”. Zhang lost his position in October 2019, and Cihan Woo replaced him. Zhang reacted rather eccentrically and threatened to war the new board of directors.