Chi Tsang has been appointed as CEO of BitMine, taking over from Jonathan Bates. Tsang aims to enhance the company’s position as a significant financial entity at the crossroads of traditional markets and blockchain.
BitMine holds over 11 billion USD in Ethereum assets, making it the largest corporate holder of ETH. However, BitMine shares have seen a decline of 4% today and approximately 34% over the past month due to falling cryptocurrency prices.
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