Bitmine Uplists to NYSE, Expands $4B Share Buyback

Ethereum treasury company Bitmine begins trading on the New York Stock Exchange while increasing its stock repurchase program.

Apr. 10, 2026 at 1:38am

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An extreme close-up of industrial Ethereum mining equipment, including server racks, cooling systems, and power supplies, conveying the scale and complexity of the technology powering the cryptocurrency network.Bitmine's NYSE listing and expanded $4 billion buyback program underscore the company's growth and commitment to the Ethereum ecosystem.NYC Today

Bitmine Immersion Technologies, an Ether (ETH) treasury company, has uplisted to the New York Stock Exchange and started trading under its existing 'BMNR' ticker symbol. The company also announced an expansion of its share buyback program from $1 billion to $4 billion.

Why it matters

Bitmine's NYSE listing is a significant milestone, as the exchange is considered one of the world's most prestigious stock markets. The expanded $4 billion buyback reflects Bitmine's commitment to shareholders and the potential to repurchase shares if they trade below the company's perceived intrinsic value.

The details

Bitmine, which focuses on advancing the Ethereum ecosystem, met the strict requirements to gain a listing on the NYSE, including having more than 400 shareholders and 1.1 million publicly held shares. The NYSE review process typically takes 4-8 weeks. Bitmine's stock closed Thursday at $21.08, down over 64% in the past six months.

  • Bitmine's stock began trading on the NYSE at market open on Thursday, April 10, 2026.
  • Bitmine's board unanimously expanded the July 2025 share repurchase program from $1 billion to $4 billion.

The players

Bitmine Immersion Technologies

An Ether (ETH) treasury company that has now uplisted to the New York Stock Exchange and expanded its share buyback program.

Tom Lee

The chairman of Bitmine, who stated that the NYSE listing is a major milestone for the company.

Chris Taylor

The chief development officer of the NYSE Group, who welcomed Bitmine as a strong addition to the stock exchange.

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What they’re saying

“The NYSE is the most prestigious venerable stock exchange with a storied history. The NYSE is the envy of capital markets around the world and Bitmine is proud to be the newest company traded on this exchange.”

— Tom Lee, Chairman, Bitmine Immersion Technologies

“We are pleased to welcome Bitmine to the New York Stock Exchange. With its focus on advancing the Ethereum ecosystem, Bitmine is a strong addition to the NYSE community.”

— Chris Taylor, Chief Development Officer, NYSE Group

What’s next

Bitmine's expanded $4 billion share buyback program will allow the company to repurchase its own shares if they trade below the company's perceived intrinsic value.

The takeaway

Bitmine's NYSE listing and expanded buyback program demonstrate the company's growth and commitment to shareholders, as it seeks to advance the Ethereum ecosystem and potentially capitalize on any undervaluation of its stock.