Charleston-based Bitcoin startup Bitreserve has announced a management shake-up which will see Anthony Watson assume the role of Chief Executive Officer and as a member of The Board of Directors. Founder of Bitreserve Halsey Minor will be promoted as the Chairman of The Board of Directors and Chief Visionary of Bitreserve.
Anthony Races to the Top Spot!
Anthony’s swift promotion should not surprise many. In early April, Anthony dropped the leading footwear brand Nike and joined Bitreserve as the Chief Operating Officer and the President. Commenting on the development Anthony said, “I want to thank the Board of Directors, and most importantly Halsey for their faith and belief in me at such a pivotal time in our company’s journey. The incredible potential of this company to disrupt, in a highly positive way, financial services globally and create a fair and transparent experience for all members of our society – not just for those at the very top – is the most exciting endeavor of my career.”
As President and CEO of the Bitcoin company, Anthony will report to the Board of Bitreserve.
Board of Director Appointments
Adrian Steckel (recent CEO of the now-sold IUSACELL) was appointed as the Non-executive Director for the Series B round of investors on May 20, 2015. Former MD & Global Operations Officer of Barclays Bank PLC Jim Milby has been appointed as the first independent, Non-executive Director of the Board and Chair of the Board Audit Committee.
Bitreserve’s Incredible Feat!
According to the 1H Investor Communication note shared by the Bitcoin company, the startup has achieved a phenomenal growth of 108% month over month since its public launch in November 2014. This translates into a surreal 2,336.5% growth for the past six months.
The company has reported processing of more than $16.5 million in transactions from over 16,324 members across 154 countries.
The promising Bitcoin company recently launched a Developer API for its payments platform.