Bitmine Immersion Technologies (NYSE: BMNR) Announces Uplisting to New York Stock Exchange and Expansion of Share Repurchase Program to $4 Billion
Joining NYSE "Big Board" represents a major milestone for Bitmine, the world's largest holder of Ethereum
Bitmine now owns 3.98% of the ETH token supply, over 79% of the way to the 'Alchemy of 5%' in just 9 months
Bitmine Crypto + Total Cash Holdings + "Moonshots" total
Bitmine leads crypto treasury peers by both the velocity of raising crypto NAV per share and by the high trading liquidity of BMNR stock
Bitmine remains supported by a premier group of institutional investors including ARK's
"Today, Bitmine achieved a major milestone by being uplisted to the 'Big Board' NYSE. 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," said Thomas "Tom" Lee, Chairman of Bitmine.
"We are pleased to welcome Bitmine to the New York Stock Exchange," said
In addition to the uplisting, Bitmine's Board of Directors has unanimously approved an expansion of the Company's 2025 share repurchase program, increasing the total authorization from
"Bitmine's expanded
The repurchase program, originally approved on
Bitmine continues to execute aggressively on its digital asset accumulation strategy. As of
The Chairman's message can be found here: https://www.Bitminetech.io/chairmans-message
The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/
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About Bitmine
Bitmine (NYSE: BMNR) is a Bitcoin miner with operations in the US. The company is deploying its excess capital to be the leading Ethereum Treasury company in the world, implementing an innovative digital asset strategy for institutional investors and public market participants. Guided by its philosophy of "the alchemy of 5%," the Company is committed to ETH as its primary treasury reserve asset, leveraging native protocol-level activities including staking and decentralized finance mechanisms. The Company launched MAVAN (Made-in America VAlidator Network), a dedicated staking infrastructure for Bitmine assets, in 2026.
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Forward Looking Statements
This press release contains statements that constitute "forward-looking statements." The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding: (i) progress and achievement of the Company's goals regarding ETH acquisition, including the 'Alchemy of 5%' initiative and the long-term value of Ethereum; (ii) continued growth and advancement of the Company's Ethereum treasury strategy and the applicable benefits to the Company; (iii) the Company's share repurchase program, including statements regarding shares trading below intrinsic value, the Company's ability to accretively retire common shares, and the execution of repurchases through open market transactions; (iv) the Company's digital asset accumulation strategy and staking operations, including MAVAN; and (v) the Company's financial flexibility to support its treasury operations and expanded repurchase authorization. In evaluating these forward-looking statements, you should consider various factors, including: Bitmine's ability to keep pace with new technology and changing market needs; Bitmine's ability to finance its current business, Ethereum treasury operations, share repurchase program, and proposed future business; the competitive environment of Bitmine's business; market conditions affecting the trading price of the Company's common stock; regulatory developments affecting digital assets; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond Bitmine's control, including those set forth in the Risk Factors section of Bitmine's Form 10-K filed with the SEC on
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SOURCE Bitmine Immersion Technologies, Inc.
