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David Sharbutt Joins BitMine Board of Directors to Lead Expansion Efforts

BitMine Immersion Technologies, Inc. (BMNR) | August 28th, 2025

By Paula Scott

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BitMine, the world's largest ETH Treasury company, announced David Sharbutt's election to its board of directors.

BitMine's digital infrastructure capabilities are set to expand under Sharbutt's leadership.

Sharbutt, known for his tenure at American Tower Corporation, brings valuable operational experience to BitMine.

Leadership Expansion

David Sharbutt will enhance BitMine's board with his 17 years of experience at American Tower Corporation, a major REIT.

Crypto Holdings

BitMine holds over $9 billion in Crypto + Cash, including 1.79 million ETH Tokens and $775 million in cash.

Institutional Support

BitMine is supported by renowned investors like ARK's Cathie Wood, Founders Fund, and Galaxy Digital.

ETH Treasury Status

BitMine holds 1,792,690 ETH at $4,591 per ETH, making it the world's largest ETH treasury.

Business Expansion

BitMine has achieved significant milestones since launching its ETH Treasury strategy in June.

  • David Sharbutt's appointment signifies BitMine's focus on strategic growth and expertise.
  • BitMine's substantial Crypto + Cash holdings position it as a key player in the Ethereum network and global treasury market.

David Sharbutt's addition to BitMine's board reflects the company's commitment to expansion and excellence in the digital infrastructure sector.