What is BitMine Immersion Technologies?

BitMine Immersion Technologies is an Ethereum-focused digital asset treasury (DAT) firm that holds a significant amount of Ethereum and Bitcoin on its balance sheet.

Who is the new CEO of BitMine Immersion Technologies?

Chi Tsang has been appointed as the new CEO of BitMine Immersion Technologies, replacing former CEO Jonathan Bates.

What is the goal of BitMine Immersion Technologies under the new leadership?

BitMine aims to position itself as a bridge between traditional capital markets and the Ethereum ecosystem, leveraging its substantial Ethereum holdings and credibility with both Wall Street and the Ethereum community.

Home / Business and Economy / Ethereum Treasury Firm BitMine Appoints New CEO, Expands Board

Ethereum Treasury Firm BitMine Appoints New CEO, Expands Board

15 Nov

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Summary

BitMine Immersion Technologies appoints Chi Tsang as new CEO
Adds 3 independent board members with expertise in tech, DeFi, and finance
Aims to become a leading financial institution bridging traditional markets and Ethereum

Ethereum Treasury Firm BitMine Appoints New CEO, Expands Board

On November 14, 2025, BitMine Immersion Technologies (NYSE: BMNR), the Ethereum (ETH) treasury company chaired by Wall Street legend Thomas "Tom" Lee, announced several key leadership changes. The company has appointed Chi Tsang as its new CEO, replacing former CEO Jonathan Bates.

In addition to the new CEO, BitMine has also appointed three independent board members: Robert Sechan, Olivia Howe, and Jason Edgeworth. These new board members bring a wealth of experience across technology, decentralized finance (DeFi), and traditional financial services.

"Our new CEO and Board members bring a unique blend of experience, insight, and leadership across technology, DeFi and financial services, enabling BitMine to further position itself as the bridge between traditional capital markets and the supercycle Ethereum ecosystem," said Thomas Lee.