Bitmine Immersion Technologies, the leading Ethereum treasury company, has appointed a new CEO and new board members. This move comes as the firm, which initially launched as a crypto mining company, looks to overhaul its leadership.

Chi Tsang As CEO And Board Member

In a press release on Friday, November 14, Bitmine announced Chi Tsang as the company’s new chief executive officer and a member of the board of directors, effective immediately. Tsang, founder of venture firm m1720, will be replacing Jonathan Bates, who has been CEO since 2022.

The Ethereum treasury firm also disclosed the appointment of three new independent board members, including Robert Sechan, Olivia Howe, and Jason Edgeworth. Tsang said that Bitmine is positioned to become a leading institution, thanks to its signi

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