Bitmine Uplists to NYSE and Expands Buyback Program to $4 Billion

TLDR

Bitmin was officially listed on the NYSE on April 9, 2026, trading under the ticker symbol BMNR.

The company's share buyback program has grown from $1 billion to $4 billion, making it one of the biggest buybacks of 2026.

Bitmine holds 4.803 million ETH, which represents 3.98% of the total Ethereum supply after nine months of storage.

Institutional backers including ARK's Catie Wood, Pantera and Founders Fund continue to support Bitmine's 5% ETH goal.

Bitmin Immersion Technologies is publicly listed on the New York Stock Exchange, with the ticker BMNR starting trading on April 9, 2026.

The company also increased its share buyback authorization from $1 billion to $4 billion at the same time. As of April 6, 2026, Bitcoin holds approximately 4.803 million ETH, which represents 3.98% of the total Ethereum supply.

The company has now surpassed 79% of its goal of acquiring 5% of the total ETH supply within nine months.

Bitmine joins NYSE's big board in $4 billion buyback program

Bitmine's common stock began trading on the NYSE at the open market on April 9, 2026. The company was previously listed on the NYSE American, where trading concluded at the close of the market on April 8, 2026. This transition between Bitmine's main board positions among the more elite group of publicly traded companies.

Chairman Thomas Lee made a formal statement at a critical juncture. Lee said, “Today, Bitumen has reached a milestone with its move to the ‘Big Board' of the NYSE.

“The NYSE is a highly respected 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 to be traded on this exchange.”

Chris Taylor, NYSE Group Chief Development Officer, also graced the occasion. “We are excited to welcome Bitmine to the New York Stock Exchange,” Taylor said.

“Bitmine is a strong addition to the NYSE community with its focus on advancing the Ethereum ecosystem. The announcement coincides with the launch of trading on the BMNR exchange.

Bitmine's board of directors has unanimously approved expanding its buyback program to $4 billion. The authorization was originally established on July 25, 2025, and will continue under the previous terms.

According to Fundstrat, this buyback is among the 10 largest corporate buyback programs announced in 2026.

Ethereum stock and institutional support drive Bitmine's strategy

As of April 6, 2026, Bitmine holds approximately 4.803 million ETH tokens, equivalent to 3.98% of the total supply. The company has accumulated this position in the “Alchemy 5%” goal in nine months. At its current rate, Bitmine has completed more than 79% of its total ETH recovery target.

Bitmine's combined crypto, cash and other holdings total $11.4 billion. This figure includes ETH space, $864 million in total cash, and other crypto assets that the company calls “moonshots.”

The company continues to receive strong institutional support for its ETH storage strategy. Backers include ARK's Catie Wood, Founders Fund, Pantera Capital, Kraken, DCG, Galaxy Digital, MOZAYYX and Bill Miller III.

Lee also spoke about the rationale behind the expanded return program. “Bitmine's $4 billion expansion demonstrates our commitment to our shareholders,” he said.

“There may be times in the future when Bitmine shares trade below intrinsic value, and the company wants to be in a position to issue common shares on a recognized basis.”