Our Team

CEO and Chairman

Jonathan Bates

Director

Michael Maloney

Chief Financial Officer, Board Member

Raymond Mow

Chief Operating Officer

Ryan Ramnath

Director of Mining Operations

Sam Jorgensen

President

Erik Nelson

Director

Lori Love

Director

Seth Bayles

Board Member

John Kelly

CEO and Chairman

Jonathan Bates

Jonathan, a former Managing Director at J.P. Morgan Securities, has over 30 years of financial industry experience. His expertise lies in analyzing market interrelations, institutional trading, and multiasset portfolios, which are vital to the organization’s operations. He graduated with a degree in Business Finance from the University of Texas at Austin.

Director

Michael Maloney

Michael is the former CFO of Coinmint and an Adjunct Professor at Fordham Law School, where he teaches Bitcoin and Digital Asset Regulation. He played a pivotal role in co-founding Galaxy Digital, the first merchant bank serving the blockchain space, and was a founding member of Ernst & Young’s Distributed Ledger Technology group.

Chief Financial Officer, Board Member

Raymond Mow

Raymond has over 28 years of financial industry experience, most recently as Managing Director of Fixed Income at First Foundation Advisers, managing $2.3 billion. He was also a Senior Portfolio Manager at Highmark Capital Management, overseeing $2 billion.

Chief Operating Officer

Ryan Ramnath

Ryan is the former CEO of Bitflair and a graduate of the University of Toronto with a degree in Mechanical Engineering – High Distinction. He has five years of experience in the oil and gas industry across upstream and downstream sectors. As a co-founder of Bitflair, he successfully launched its first liquid-cooled mine in Trinidad.

Director of Mining Operations

Sam Jorgensen

Samuel is the former CFO of Bitflair and attended the Schulich School of Business in Toronto. He has held financial management roles in cryptocurrency mining and commercial construction, with expertise in accounting and hands-on experience in data networking and mining infrastructure since co-founding Bitflair in 2017.

President

Erik Nelson

Erik is a finance professional with extensive experience in securities markets and investment banking, including capital markets, project management, corporate governance, SEC regulations, financial modeling, mergers and acquisitions, and financial analysis.

Director

Lori Love

Lori Love is a CPA with over 20 years in accounting and finance. She has held “C” level roles in various sectors, including cryptocurrency and healthcare. As CFO of CleanSpark, Inc. from October 2019 to December 2021, she managed financial strategy and SEC reporting. She holds a BBA in Accounting from the University of Nevada, Las Vegas.

Director

Seth Bayles

Seth is a Corporate Attorney with over 20 years of experience practicing in the areas of entertainment, finance, technology, and commercial contracts. He has his B.A. in Economics and History from Brandeis University, his J.D. from Emory University School of Law, and his L.L.M. from the Georgetown University Law Center.

Board Member

John Kelly

John Kelly has served as a director since January 2024. John Kelly has started numerous successful businesses in Heavy Construction, Site Development, Real Estate Development, Car Dealership construction., and Bitcoin Mining Site development. He has helped develop over 100 Car Dealerships, has owned and constructed over 3 million square feet of industrial buildings, and has overseen the construction of over 10,000 individual housing units. His clients include Amazon, Siemens, RK Centers, Group1 Automotive, and Eversource. He is currently President or Principal of three separate companies, including Rykor Energy Solutions. Rykor Energy Solutions produces a proprietary immersion datacenter primarily used for Bitcoin Mining. Mr. Kelly is a principal of ROC Digital Mining Manager, LLC, which manages ROC Digital Mining I, LLC, hosting and mining enterprise in which the Company is a major investor. Mr. Kelly is very qualified to serve on the board given his deep understanding of the construction and engineering which goes into the development and maintenance of a Bitcoin Mining site. Furthermore, he designed and developed his own immersion datacenter product, which provides valuable insight to our existing operations. Mr. Kelly holds numerous Contractor licenses related to Industrial, Commercial, and Residential Construction. Mr. Kelly graduated from Boston College in 1991 with a degree in Political Science.