BitMine, a Leading Ethereum Treasury, Debuts on NYSE

BitMine shares debut on NYSE, marking a significant milestone.

On April 9, shares of BitMine Immersion Technologies began trading on the New York Stock Exchange (NYSE).

A major milestone for Bitmine today 🎉$BMNR is uplisting to the ‘Big Board’ @NYSE, a hallowed and iconic exchange and the envy of capital markets around the worldhttps://t.co/WUnGw4YoJW pic.twitter.com/fCtd09dhKm

— Bitmine (NYSE-BMNR) $ETH (@BitMNR) April 9, 2026

At the close of the latest session, the company’s shares ended at $21.08, having decreased by 2.04%.

BitMine’s chairman, Tom Lee, described the listing as a significant milestone in the company’s development. He noted that NYSE is one of the world’s leading exchanges.

The platform primarily features small and growing firms. To list on NYSE, a company must meet strict criteria: transparent reporting, proper allocation of shares, and corporate governance.

Requirements include having more than 400 shareholders and 1.1 million shares in public float, an independent majority on the board of directors, as well as audit, compensation, and governance committees.

One of the final steps is filing a registration statement with the SEC. The review process typically takes four to eight weeks.

Chris Taylor, Chief Development Officer of NYSE Group, called BitMine a “strong addition to the exchange”:

“The company’s focus on developing the Ethereum ecosystem fits seamlessly into our platform’s community.”

NYSE is actively developing products related to digital assets. In January, the exchange announced a platform for trading tokenized stocks. To implement the initiative, the company engaged Securitize, a firm focused on RWA.

Share Buyback Program

Meanwhile, BitMine’s board of directors unanimously approved the expansion of the share buyback program from $1 billion to $4 billion.

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Bitmine also increased the buyback program to $4 billion (from $1 billion)

— Regarding the stock buyback is among the 10 largest announced in 2026
— In there future, there may be a time $BMNR is trading below intrinsic value
— The buyback enables the company to accretively… pic.twitter.com/XKt8YmQDSH

— Bitmine (NYSE-BMNR) $ETH (@BitMNR) April 9, 2026

“This is our bet on shareholders. We want to be ready to buy back shares profitably if their price falls below fair value,” Lee commented.

The program was initially approved in July 2025. It will continue under the same conditions. The company can repurchase shares on the open market, following rule 10b-18 and an agreement with Cantor Fitzgerald & Co. The $4 billion limit includes previously repurchased shares.

Earlier, on April 6, BitMine reported the purchase of 71,252 ETH worth $152 million over the week. The company’s Ethereum treasury reached 4.8 million ETH, valued at $11.4 billion.