Bitmine CEO Tsang gets annual long-term incentive award worth USD 500,000

Reuters04-07

Bitmine CEO Tsang gets annual long-term incentive award worth USD 500,000

Bitmine Immersion Technologies entered amendments on April 2, 2026 to employment agreements for CEO Chi Tsang and CFO/COO Young Kim, resetting annual long-term incentive awards for fiscal year 2026.
Tsang became eligible for an annual award with target grant date value of 500,000, delivered 60% as RSUs and 40% as stock options.
Kim will receive an annual stock option award with target value of 1.75 million, with 2026 award prorated based on time employed during fiscal year 2026.
Board will set award sizes using 10-day volume-weighted average share price before grant date, with option amounts multiplied by factor of three.
Both executives’ awards vest 25% quarterly over one year from grant date, with unvested portions forfeited on termination subject to specified exceptions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bitmine Immersion Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-015446), on April 07, 2026, and is solely responsible for the information contained therein.

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