BitMine Leadership Just Responded After Contentious Shareholder Meeting

Key Highlights

• Both the new CEO and CFO failed to attend, while the promised high-profile guest speakers did not appear.
• Based on this, investors describe the gathering as poorly managed and disrespectful, with some likening it to a “clown show.” Concerns were heightened by Tom Lee’s simultaneous leadership of Fundstrat, raising questions about whether he could dedicate sufficient attention to BitMine.
• Rob Sechan, a board member, acknowledged shareholder frustration but emphasized that the meeting occurred during a transitional period.
• Reportedly, several executive positions were filled only days prior.
• He defended the board’s oversight, noting that the AGM’s goal was to explain the company’s “DAT-plus” strategy and illustrate its long-term potential.