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Bitmain's growth to the US represents a proactive effort and hard work to lessen these pitfalls and improve its competitive posture from the region. This go is actually a critical action in navigating the issues of the speedily evolving marketplace.
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[19] The corporate issued an announcement stating it would "restart the listing application perform at an acceptable time Later on." Bitmain also announced that Haichao Wang would function its new CEO, when co-founders Micree Zhan and Jihan Wu will keep on as directors.[twenty]
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Bitmain's expansion to the US represents a proactive hard work to lower threats and strengthen its aggressive position within the region.