David Sharbutt appointed to BitMine board; company touts $9B+ crypto holdings

BITMINE IMMERSION TECHNOLOGIES, INC.

David Sharbutt, former CEO of Alamosa and 17-year American Tower board member, appointed as independent director on August 25, 2025.
Sharbutt to receive 10,000 shares for FY2025 and monthly compensation of 750 shares (plus 250 per committee).
BitMine reports crypto + cash holdings exceeding $9B as of Aug 27, including 1.79M ETH and $775M cash.
BitMine claims to be world's largest ETH treasury, with goal of acquiring 5% of ETH.

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