BitMine Appointed Chi Tsang as CEO

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

At the same time, BitMine 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 since then, has accumulated a total of 3.5 million Ethereum.