Chi Tsang to succeed Jonathan Bates as BitMine’s Chief Government Officer and be a part of BitMine’s Board of Administrators
Robert Sechan, Founding father of NewEdge Capital Group and CEO of NewEdge Wealth, joins as an Independent Director
Jason Edgeworth, Asset Supervisor for JPD Household Holdings, joins as an Independent Director
Olivia Howe, Chief Authorized Officer at RigUp, joins as an Independent Director
BitMine is the world’s largest ETH Treasury firm with greater than 2.9% of the Ethereum community
BitMine is supported by a premier group of institutional traders together with ARK’s Cathie Wooden, MOZAYYX, Founders Fund, Invoice Miller III, Pantera, Kraken, DCG, and Galaxy Digital to help BitMine’s aim of buying 5% of ETH: The alchemy of 5%
LAS VEGAS, Nov. 14, 2025 /PRNewswire/ — (NYSE AMERICAN: BMNR) BitMine Immersion Applied sciences, Inc. (“BitMine” or the “Firm”) right this moment introduced that Chi Tsang has been appointed Chief Government Officer (“CEO”) and appointed as a member of the Firm’s Board of Administrators (the “Board”). Moreover, BitMine is happy to announce the appointment of three unbiased Board members: Robert Sechan, Olivia Howe and Jason Edgeworth. These appointments are efficient instantly.
“Our new CEO and Board members convey a novel mix of expertise, perception, and management throughout know-how, DeFi and monetary companies, enabling BitMine to additional place itself because the bridge between conventional capital markets and the supercycle Ethereum ecosystem,” said Thomas “Tom” Lee, Chairman of the Board.
“The transformation and innovation now going through Wall Avenue by blockchain and Ethereum mirror the explosion of alternative that cell phones and the web unleashed on telecoms and know-how within the Nineties,” stated Chi Tsang, CEO of BitMine. “With its substantial Ethereum holdings and credibility with each Wall Avenue and the Ethereum ecosystem, BitMine is positioned to turn into a number one monetary establishment.”
“Constructing BitMine from the bottom as much as turn into an NYSE listed firm, and then the world’s largest holder of Ethereum, has been a outstanding journey,” stated former BitMine CEO, Jonathan Bates. “I am happy with what our group has achieved, and I’ve full confidence that Tom and BitMine’s new management will carry that momentum because it continues to develop.”
“Tom Lee has been on the forefront and capitalized on so most of the key secular tales within the twenty years I’ve recognized him,” stated Robert Sechan, unbiased board member and founding father of NewEdge Capital Group and CEO of NewEdge Wealth. “From wi-fi within the early 90s; to creating the main unbiased analysis agency in 2014, simply in entrance of this huge retail inventory flows; being the primary particular person on Wall Avenue to advocate for Bitcoin in 2017; and even to figuring out AI as a secular story in 2018. So to me, his view that Ethereum is a supercycle is one thing that resonates with me, and a key motive I’m delighted to serve on the Board of BitMine.”
“I’ve adopted BitMine’s progress journey from a nearly unknown firm to the most important Ethereum DAT on the planet,” stated Olivia Howe, newly appointed unbiased board member of BitMine and Chief Authorized Officer at RigUp, Inc. “I am honored to affix the Board at this pivotal second, working alongside Chairman Tom Lee to assist contribute to its continued success.”
“I am honored to affix the Board of BitMine and consider in Tom’s daring imaginative and prescient to determine BitMine as a essential infrastructure companion within the Ethereum ecosystem,” stated Jason Edgeworth, newly appointed unbiased board member of BitMine. “I stay up for working alongside the management group and my fellow administrators to assist drive long-term worth for shareholders and place BitMine for continued progress.”
The Firm just lately launched a company presentation, which will be discovered right here: https://bitminetech.io/investor-relations/
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About BitMine
BitMine is a Bitcoin and Ethereum Community Firm with a give attention to the buildup of Crypto for long run funding, whether or not acquired by our Bitcoin mining operations or from the proceeds of capital elevating transactions. Firm enterprise strains embrace Bitcoin Mining, artificial Bitcoin mining by involvement in Bitcoin mining, hashrate as a monetary product, providing advisory and mining companies to firms keen on incomes Bitcoin denominated revenues, and common Bitcoin advisory to public firms. BitMine’s operations are positioned in low-cost power areas in Trinidad; Pecos, Texas; and Silverton, Texas.
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Ahead Wanting Statements
This press launch accommodates statements that represent “forward-looking statements.” The statements on this press launch that aren’t purely historic are forward-looking statements which contain dangers and uncertainties. This doc particularly accommodates forward-looking statements concerning progress and achievement of the Firm’s objectives concerning ETH acquisition and staking, the long-term worth of Ethereum, continued progress and development of the Firm’s Ethereum treasury technique and the relevant advantages to the Firm. In evaluating these forward-looking statements, you must contemplate varied elements, together with BitMine’s potential to maintain tempo with new know-how and altering market wants; BitMine’s potential to finance its present enterprise, Ethereum treasury operations and proposed future enterprise; the aggressive setting of BitMine’s enterprise; and the long run worth of Bitcoin and Ethereum. Precise future efficiency outcomes and outcomes could differ materially from these expressed in forward-looking statements. Ahead-looking statements are topic to quite a few circumstances, a lot of that are past BitMine’s management, together with these set forth within the Threat Elements part of BitMine’s Kind 10-Okay filed with the Securities and Trade Fee (the “SEC”) on April 3, 2025, in addition to all different SEC filings, as amended or up to date once in a while. Copies of BitMine’s filings with the SEC can be found on the SEC’s web site at www.sec.gov. BitMine undertakes no obligation to replace these statements for revisions or adjustments after the date of this launch, besides as required by regulation.
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SOURCE BitMine Immersion Applied sciences, Inc.
