Bitmine Immersion Technologies has begun trading on the New York Stock Exchange after uplisting from NYSE American, marking a major milestone in its growth.
The company’s stock continues to trade under the BMNR ticker, with the move expected to increase visibility and access to larger pools of institutional capital.
“The NYSE is the most prestigious venerable stock exchange with a storied history,”
Said Bitmine chairman Tom Lee.
The uplisting follows a rigorous approval process requiring strong financial health, governance standards and a broad shareholder base, underscoring Bitmine’s maturation as a public company.
Alongside the listing, Bitmine expanded its share buyback programme from $1 billion to $4 billion, signalling confidence in its valuation and long-term strategy.
“We are pleased to welcome Bitmine to the New York Stock Exchange,”
Said Chris Taylor, highlighting the company’s role in advancing the Ethereum ecosystem.
Bitmine shares closed at $21.08 and remain down more than 64% over six months, suggesting the buyback may be aimed at supporting valuation and investor confidence.
At the time of reporting, Ethereum price was $2,200.94.