BitMine announced the appointment of a new CEO and the addition of three independent directors.

Odaily Planet Daily reports that BitMine Immersion Technologies, Inc. (NYSE AMERICAN: BMNR) has announced the appointment of Chi Tsang as the company's CEO and a member of its board of directors, succeeding Jonathan Bates. BitMine Chairman Tom Lee stated that the new CEO and board will further solidify BitMine's position as a bridge between traditional capital markets and the Ethereum ecosystem.

New Board Members: The company also appointed three independent directors: Robert Sechan, founder of NewEdge Capital Group and CEO of NewEdge Wealth; Jason Edgeworth, asset manager at JPD Family Holdings; and Olivia Howe, chief legal officer of RigUp.