{"id":96082,"date":"2026-04-10T12:06:03","date_gmt":"2026-04-10T09:06:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=96082"},"modified":"2026-04-10T12:10:15","modified_gmt":"2026-04-10T09:10:15","slug":"bitmine-a-leading-ethereum-treasury-debuts-on-nyse","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitmine-a-leading-ethereum-treasury-debuts-on-nyse\/","title":{"rendered":"BitMine, a Leading Ethereum Treasury, Debuts on NYSE"},"content":{"rendered":"<p>On April 9, shares of BitMine Immersion Technologies began trading on the New York Stock Exchange (NYSE).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A major milestone for Bitmine today \ud83c\udf89<a href=\"https:\/\/twitter.com\/search?q=%24BMNR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BMNR<\/a> is uplisting to the &#8216;Big Board&#8217; <a href=\"https:\/\/twitter.com\/NYSE?ref_src=twsrc%5Etfw\">@NYSE<\/a>, a hallowed and iconic exchange and the envy of capital markets around the world<a href=\"https:\/\/t.co\/WUnGw4YoJW\">https:\/\/t.co\/WUnGw4YoJW<\/a> <a href=\"https:\/\/t.co\/fCtd09dhKm\">pic.twitter.com\/fCtd09dhKm<\/a><\/p>\n<p>\u2014 Bitmine (NYSE-BMNR) $ETH (@BitMNR) <a href=\"https:\/\/twitter.com\/BitMNR\/status\/2042240046321762545?ref_src=twsrc%5Etfw\">April 9, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>At the close of the latest session, the company&#8217;s shares ended at $21.08, having decreased by 2.04%.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-a56cd4e316f81e4b-1411896893852555.webp\" alt=\"Yahoo Finance: BitMine shares\" class=\"wp-image-278282\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/finance.yahoo.com\/quote\/BMNR\/\">Yahoo Finance<\/a>.<\/figcaption><\/figure>\n<p>BitMine&#8217;s chairman, Tom Lee, described the listing as a significant milestone in the company&#8217;s development. He noted that NYSE is one of the world&#8217;s leading exchanges.<\/p>\n<p>The platform primarily features small and growing firms. To list on NYSE, a company must meet <a href=\"https:\/\/nyse.wolterskluwer.cloud\/listed-company-manual\/396b18e983e4426093eb7ae01b6f52c6\">strict criteria<\/a>: transparent reporting, proper allocation of shares, and corporate governance.<\/p>\n<p>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.<\/p>\n<p>One of the final steps is filing a registration statement with the SEC. The review process typically takes four to eight weeks.<\/p>\n<p>Chris Taylor, Chief Development Officer of NYSE Group, called BitMine a &#8220;strong addition to the exchange&#8221;:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The company&#8217;s focus on developing the Ethereum ecosystem fits seamlessly into our platform&#8217;s community.&#8221;<\/em><\/p>\n<\/blockquote>\n<p>NYSE is actively developing products related to digital assets. In January, the exchange <a href=\"https:\/\/forklog.com\/en\/news\/nyse-unveils-platform-for-trading-tokenized-stocks\">announced<\/a> a platform for trading tokenized stocks. To implement the initiative, the company <a href=\"https:\/\/forklog.com\/en\/news\/nyse-partners-with-securitize-to-launch-tokenized-stock-trading\">engaged<\/a> Securitize, a firm focused on <a href=\"https:\/\/forklog.com\/en\/news\/what-are-rwas-real-world-assets\">RWA<\/a>.<\/p>\n<h2 class=\"wp-block-heading\">Share Buyback Program<\/h2>\n<p>Meanwhile, BitMine&#8217;s board of directors unanimously approved the expansion of the share buyback program from $1 billion to $4 billion.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">2\/<br \/>Bitmine also increased the buyback program to $4 billion (from $1 billion)<\/p>\n<p>\u2014 Regarding the stock buyback is among the 10 largest announced in 2026<br \/>\u2014 In there future, there may be a time <a href=\"https:\/\/twitter.com\/search?q=%24BMNR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BMNR<\/a> is trading below intrinsic value<br \/>\u2014 The buyback enables the company to accretively\u2026 <a href=\"https:\/\/t.co\/XKt8YmQDSH\">pic.twitter.com\/XKt8YmQDSH<\/a><\/p>\n<p>\u2014 Bitmine (NYSE-BMNR) $ETH (@BitMNR) <a href=\"https:\/\/twitter.com\/BitMNR\/status\/2042240049920520247?ref_src=twsrc%5Etfw\">April 9, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;This is our bet on shareholders. We want to be ready to buy back shares profitably if their price falls below fair value,&#8221; Lee commented.<\/em><\/p>\n<\/blockquote>\n<p>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 &#038; Co. The $4 billion limit includes previously repurchased shares.<\/p>\n<p>Earlier, on April 6, BitMine <a href=\"https:\/\/forklog.com\/en\/news\/strategy-acquires-4871-btc-amid-saylor-and-schiff-debate\">reported<\/a> the purchase of 71,252 ETH worth $152 million over the week. The company&#8217;s Ethereum treasury reached 4.8 million ETH, valued at $11.4 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On April 9, shares of BitMine Immersion Technologies began trading on the New York Stock Exchange.<\/p>\n","protected":false},"author":1,"featured_media":96083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"BitMine shares debut on NYSE, marking a significant milestone.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[46,1211,919],"class_list":["post-96082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ethereum","tag-stock-market","tag-tom-lee"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"1","layout_type":"1","short_excerpt":"BitMine shares debut on NYSE, marking a significant milestone.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=96082"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96082\/revisions"}],"predecessor-version":[{"id":96084,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96082\/revisions\/96084"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/96083"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=96082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=96082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=96082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}