BitMine Names Chi Tsang CEO, Adds New Directors

BitMine Immersion Technologies, Inc. (AMEX:BMNR) appointed Chi Tsang as Chief Executive Officer on Friday and added him to its Board of Directors.

The company also named three independent directors — Robert Sechan, Olivia Howe and Jason Edgeworth — as it strengthens its leadership team to support its next phase of growth.

BitMine, which holds more than 2.9% of the Ethereum network, is backed by investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG and Galaxy Digital.

Also Read: Ethereum’s Price Crash Sinks Bitmine Immersion Technologies (BMNR) Stock

The company has outlined a long-term goal of acquiring 5% of all Ethereum

Full story available on Benzinga.com