BitMine Appointed Chi Tsang as CEO

BitMine stands out as the largest holder of Ethereum reserves. The company has appointed Chi Tsang as its new CEO, replacing Jonathan Bates. Tsang's appointment signals important changes within the firm.

Additionally, BitMine has 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, it has accumulated a total of 3.5 million Ethereum.