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Bitmine Uplists to NYSE, Expands $4B Buyback
Ethereum mining giant reaches major milestone with NYSE listing and boosts share repurchase program.
Apr. 9, 2026 at 1:45pm
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Bitmine's massive Ethereum mining infrastructure powers its dominant position in the crypto space.NYC TodayBitmine Immersion Technologies, the world's largest holder of Ethereum, has announced that it will be uplisting to the New York Stock Exchange. The company also revealed an expansion of its share repurchase program to $4 billion. Bitmine now owns 3.98% of the total ETH token supply, putting it over 79% of the way to its goal of controlling 5% of the Ethereum network.
Why it matters
Bitmine's NYSE uplisting represents a significant milestone for the cryptocurrency mining firm, providing it with greater access to capital markets and increased visibility. The expanded $4 billion buyback program signals confidence in the company's future growth prospects and ability to deploy capital effectively.
The details
Bitmine Immersion Technologies, a leading player in the Ethereum mining space, has announced that it will be uplisting its shares to the New York Stock Exchange. This move comes as the company continues to aggressively expand its Ethereum holdings, now controlling nearly 4% of the total token supply. In addition, Bitmine revealed that it is increasing its existing share repurchase program to $4 billion, underscoring management's belief in the long-term value of the business.
- Bitmine Immersion Technologies announced the NYSE uplisting and expanded buyback on April 9, 2026.
The players
Bitmine Immersion Technologies
A leading cryptocurrency mining firm that is the world's largest holder of Ethereum, controlling nearly 4% of the total token supply.
New York Stock Exchange
The premier stock exchange in the United States, where Bitmine Immersion Technologies will now be listed.
What’s next
Bitmine's NYSE listing is expected to be completed in the coming weeks, providing the company with greater access to capital markets and increased visibility.
The takeaway
Bitmine's NYSE uplisting and expanded buyback program demonstrate the company's continued dominance in the Ethereum mining space and its ability to deploy capital effectively to drive shareholder value.
