BitMine has appointed Chi Tsang as CEO.

BitMine stands out as the largest Ethereum treasure owner. The company has appointed Chi Tsang as the CEO, replacing Jonathan Bates. Tsang's appointment signals significant changes within the firm.

At the same time, BitMine has also appointed new board members. These new members consist of professionals with experience in traditional finance, asset management, and the legal sector.

Under the leadership of Tom Lee, BitMine transitioned to a digital asset treasury strategy in July and has since accumulated a total of 3.5 million Ethereum.