Only a week later, the two statements of Bitmain were once again placed in front of the public. What happened to Bitmain? The reason is actually all the attacks made by Ketuan Zhan after he took back the Beijing legal person.

First, Bitmain issued a statement, repeating the same old tune: Beijing Bitmain is 100% owned by Hong Kong Bitmain, and Zhan Ketuan is suspected of forging the official seal, and will be held legally responsible. Previously, Ketuan Zhan issued two statements in a row, dismissing CFO Liu Luyao and warning HRD Suo Chao, but at that time there were only signatures and no official seal. It can be seen that Ketuan Zhan has engraved the official seal.

Subsequently, Ketuan Zhan issued a statement emphasizing the use of the new official seal.

According to people familiar with the matter, before Bitmain's statement, people from Zhan Ketuan went to Beijing Bitmain's office yesterday, trying to return and control the company, which triggered this statement. At the same time, Ketuan Zhan is calling the employees of the company, trying to buy the options in their hands. As for Wu Jihan, he is doing everything possible to continue to use the Hong Kong holding company to replace the legal person of Beijing Bit.

From a legal point of view, unless Cayman rules that Ketuan Zhan wins and regains voting rights, the Hong Kong BTTC controlled by Wu Jihan can replace the Beijing BTTC legal person. But in China, there are unspoken rules beyond the law, whether Wu Jihan can be successfully replaced is still unknown.

It is said that Bitmain’s performance in the first quarter was good, and bonuses have been distributed to all employees. It is rumored that the mining team also has project awards. The 19 series is being shipped one after another, and the number of reservations at home and abroad is indeed not small. This was good news, but high-level disputes still poured cold water on employees.

At the moment when mining profits are shrinking after the halving, the constant disputes and disputes will only make business more difficult. The Bitmain S19 series finally started from last year's failure, and this will only confuse customers and partners.

It should be in the interests of the founders and their fans to bring equity disputes back to the courts and away from front-line employees and business, and it is also the true hope of everyone who has ever recognized Bitmain.