BitMine's Ethereum Treasury Debuts on NYSE

BitMine Immersion Technologies marked a significant milestone on April 9, 2026, as its shares began trading on the New York Stock Exchange (NYSE) under the ticker symbol $BMNR. This momentous occasion highlights the company's entry into one of the world's most prestigious exchanges.

On its first trading day, BitMine's stock closed at $21.08, reflecting a decline of 2.04%. Tom Lee, Chairman of BitMine, expressed his enthusiasm for the listing, emphasizing the NYSE's reputation as a leading global exchange. Companies aspiring to list there must satisfy rigorous requirements, including having at least 400 shareholders and maintaining 1.1 million shares in circulation.

Chris Taylor, Chief Development Officer at NYSE Group, stated that BitMine is a valuable addition to their platform, aligning with the exchange's growing focus on digital assets and the development of the Ethereum ecosystem.

Expansion of Share Buyback Program

In conjunction with its listing, BitMine's board has expanded its share buyback program from $1 billion to an impressive $4 billion, making it one of the largest buyback announcements of 2026. Lee remarked, "This is our bet on shareholders. We want to be ready to buy back shares at a profit if their price falls below fair value." The buyback initiative, originally approved in July 2025, allows the company to repurchase shares from the open market, adhering to SEC rules.

Additionally, BitMine recently announced it had acquired 71,252 ETH worth $152 million, bringing its total Ethereum treasury to 4.8 million ETH, valued at approximately $11.4 billion.