吴忌寒亲笔：比特大陆两位联合创始人已和解

区块链1月26日讯 比特大陆联合创始人吴忌寒已经正式宣布辞去公司CEO及董事长职务，以解决与竞争对手、另一位联合创始人詹克团长达一年的内部权力斗争。吴忌寒表示，他和詹克团之间的分歧最终已经以“友好”和“建设性”的方式解决。据悉，詹克团以6亿美元的价格购买了吴忌寒拥有的比特大陆几乎一半的股份和其他一批创始股东的股份。吴忌寒透露，为了完成股票购买，詹克团从比特大陆获得了4亿美元贷款，同时还承诺从集团外部募集另外的2亿美元。

吴忌寒表示，截至2021年1月24日，比特大陆拥有3.27亿美元法定现金持有量，大约是优先股股东达成此项和解协议所需现金的两倍。另外，比特大陆还将剥离其采矿池和云采矿业务，分拆的目的是简化比特大陆业务模型，以使后续上市更容易。比特大陆短期流动资金缺口为负9,200万美元，偿付能力很好。另一方面，比特大陆拥有市场上出售的最好的矿机。因此，比特大陆的财务状况良好且健康，因此向詹克团的贷款不会对比特大陆运营的可持续性产生任何负面影响。

同样，根据这一解决方案，Bitdeer今天与美国和挪威的采矿场一起从比特大陆剥离。吴忌寒将担任Bitdeer的董事长，Matt Kong将担任Bitdeer的首席执行官，蚂蚁矿机很快将被拆分成由詹克团领导的独立公司。

通过上述安排，比特大陆的商业模式将得到高度简化，这将使首次公开募股变得更加容易。在这种安排下，B和B +轮投资者的数量也增加了两倍，以补偿估值调整。这些投资者更有可能从他们的投资中获利。

从现在开始直到比特大陆上市，比特大陆董事会将由5个席位组成。詹克团有权提名三个席位，而吴忌寒将提名另外两个席位。为了更好地服务于比特大陆的利益，吴忌寒邀请了两个比其更有能力履行职责的同事。他们是朱翔和刘建春。朱翔是比特大陆创始团队之一，他领导S1和S19的硬件设计，这是比特大陆最为畅销的矿机产品之一。刘建春担任首席财务总监和首席财务官已有5年了。这两名董事会成员将为公司整体利益服务，而不是为任何特定股东的利益。根据公司治理安排，风险控制和内部审计职责将会分配给了朱翔和刘建春。

作为领导层移交的一部分，所有仍属于比特大陆集团的子公司今天都已开始对董事会成员或法人代表进行变更。

吴忌寒写道：“今天和解协议结束后，比特大陆翻开了新的一页，带来了巨大的机遇。作为比特大陆的共同创始人，我在2,815天的旅程中享受了很多工作，在许多客户，同事，朋友和投资者的大力支持下，我为比特大陆及其领导詹克团致以最诚挚的祝福。”

Regarding the settlement between Bitmain’s two co-founders

The disagreement between Micree and myself, the two co-founders of Bitmain, has been finally settled in an amicable and, more importantly, a constructive manner. I have resigned from the CEO and Chairman of Bitmain as of today.

Micree purchased almost half of the Bitmain shares owned by Bitsource, which is a code name represents a group of founding shareholders including myself, for US $600m. In order to complete the share purchase, Micree obtained a loan of US $400m from Bitmain while he committed to raise another US $200m from outside of the group.

As of yesterday, Bitmain has US $327m in fiat cash, which was twice higher than what is required by the preferred shareholders in order to close this settlement. The short term liquidity gap is negative US $92m. The negative gap indicates a good solvency of the group. On the other hand, Bitmain has the best mining machines available for sale in the market. As such, the financials of Bitmain is strong and healthy so the loan to Micree will not have any negative impact to the sustainability of Bitmain’s operation .

Also pursuant to the settlment, Bitdeer is spun off from Bitmain today together with the mining farm operations in the US and Norway. I will be the chairman of Bitdeer. Matt Kong will be the CEO of Bitdeer. Antpool will soon be spun off into an independent company to be led by Micree.

Through the above-mentioned arrangement, Bitmain’s business model will be highly streamlined which will make it much easier to go for an IPO. The B and B+ Round investors also got their number of tripled under this arrangement as compensation of valuation adjustments. It is more likely for those investors to be profitable from their investment.

–From now until the listing of Bitmain, the board of Bitmain will consist of 5 seats. Micree will have the right to nominate three seats and I will nominate the other two. To better serve the interest of Bitmain, I have invited two colleagues who are more capable than myself to perform the duty as directors. They are Xiang Zhu and Jianchun Liu. Xiang was one of Bitmain founding team, and he led the hardware design of S1 and S19, which are among the most import mining rig products of Bitmain. Jianchun has been our chief financial controller and CFO for 5 years. These two board members will serve the interest of the company as a whole but not of the interest of any specific shareholder(s). According to the corporate governance arrangements, we assigned the risk control and internal audit duties to Xiang and Jianchun.

As part of the transition of the leadership, all the subsidiaries that remain to be within the Bitmain group have proceeded to file the change of their board members or legal representatives today.

Upon the closing of the settlement today, Bitmain has turned over a new page with great opportunities ahead. As the co-founder of Bitmain, I enjoyed the 2,815 days of journey working for it with numerous help and support from lots of customers, colleages, friends and investors, and I give my most sincere blessing to Bitmain and its leadership of Micree.

Jihan Wu

Jan 26, 2021