BitMine Appoints New CEO and Three Independent Board Appointments
Chi Tsang leads BitMine as CEO with three new independent directors to enhance governance and growth in Bitcoin and Ethereum mining, holding 2.9% of the Ethereum network.
- BitMine appointed Chi Tsang as CEO and added three independent directors—Robert Sechan, Olivia Howe, and Jason Edgeworth—in a press release,
- BitMine Immersion Technologies, Inc. described its business mix of Bitcoin mining, synthetic Bitcoin mining and hashrate-as-a-financial-product alongside advisory services in a recent corporate presentation.
- Chairman Thomas "Tom" Lee said BitMine's new CEO and Board members bring experience across technology, DeFi, and finance, enabling it to bridge traditional capital markets and the Ethereum supercycle.
- The company warned that forward-looking statements involve risks and that actual performance may differ, citing SEC filings and Form 10-K, and states it undertakes no obligation to update these statements.
- BitMine says it holds more than 2.9% of the Ethereum network and has a strategic goal of acquiring 5% of ETH, with operations in Trinidad, Pecos, and Silverton, Texas.
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51 Articles
Ethereum Treasury Company Appoints New CEO Amid Buying Spree – #CryptoUpdatesGNIT
BitMine Immersion Technologies has overhauled its leadership as it continues to amass one of the largest Ether treasuries across publicly traded companies. In a Friday notice, BitMine announced that Chi Tsang would succeed Jonathan Bates as the company’s CEO, effective immediately. The Ether (ETH) treasury company reported holding more than 3.5 million tokens as of Monday, bringing its valuation to more than $11 billion at a price of $3,175. “W…
BitMine revamps leadership as Ether holdings soar
BitMine Immersion Technologies is making much-needed shifts in a senior leadership role as the company continues its foray into the Ethereum ecosystem. The firm named Chi Tsang as the new Chief Executive Officer, and he now sits on the Board of Directors. The move represents a drastic shift for the company as it transforms from a mining-oriented company to an enormous digital asset treasury. Alongside Tsang’s appointment, BitMine appointed thre…
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