Bitmine Immersion Technologies Announces Executive and Board Changes
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On November 12, 2025, Bitmine Immersion Technologies, Inc. announced significant changes to its executive team and Board of Directors. Jonathan Bates resigned as CEO and Director, with Chi Tsang appointed as his successor. Additionally, Seth Bayles, John Kelly, and Erik Nelson resigned from the Board, while Jason Edgeworth, Olivia Howe, and Robert Sechan were appointed as new independent directors.
| Individual | Jonathan Bates | Chi Tsang | Seth Bayles | John Kelly | Erik Nelson | Jason Edgeworth | Olivia Howe | Robert Sechan |
| Role | CEO, Director | CEO, Director | Director, Corporate Secretary | Director | Director | Director | Director | Director |
| Type of Change | Resigned | Appointed | Resigned | Resigned | Resigned | Appointed | Appointed | Appointed |
| Effective Date | Nov 12, 2025 | Nov 12, 2025 | Nov 11, 2025 | Nov 11, 2025 | Nov 11, 2025 | Nov 12, 2025 | Nov 12, 2025 | Nov 12, 2025 |
| Reason | Not related to disagreement | N/A | Not related to disagreement | Not related to disagreement | Not related to disagreement | N/A | N/A | N/A |
| Replacement Info | Chi Tsang | N/A | Erik Nelson as Corporate Secretary | Not disclosed | Not disclosed | N/A | N/A | N/A |
| Background Details | N/A | Managing Partner at m1720, CFO of FutureCrest Acquisition Corp. | N/A | N/A | N/A | Investment and Asset Manager at JPD Family Holdings | Chief Legal Officer of RigUp, Inc. | CEO of NewEdge Wealth |
| Board/Committee Role Changes | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Compensation, Investment Committees | Compensation, Nominating Committees | Compensation, Investment Committees |
Original SEC Filing: BITMINE IMMERSION TECHNOLOGIES, INC. [ BMNR ] - 8-K - Nov. 14, 2025
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