Bitmine Uplists to NYSE and Expands Share Repurchase Program to $4 Billion

TLDR:

• Bitmine officially uplisted to the NYSE on April 9, 2026, trading under its existing ticker symbol BMNR.
• The company’s share repurchase program was expanded from $1 billion to $4 billion, one of 2026’s largest buybacks.
• Bitmine holds 4.803 million ETH, representing 3.98% of the total Ethereum supply after just nine months of accumulation.
• Institutional backers, including ARK’s Cathie Wood, Pantera, and Founders Fund continue to support Bitmine’s 5% ETH goal.

Bitmine Immersion Technologies has officially uplisted to the New York Stock Exchange, beginning trade under the ticker BMNR on April 9, 2026.

The company simultaneously expanded its share repurchase authorization from $1 billion to $4 billion. As of April 6, 2026, Bitmine holds approximately 4.803 million ETH, representing 3.98% of the total Ethereum supply.

The company has now crossed 79% of its stated goal of acquiring 5% of total ETH supply within just nine months.

Bitmine Joins the NYSE Big Board With a $4 Billion Buyback Program

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

Chairman Thomas Lee marked the moment with a formal statement on the milestone. “Today, Bitmine achieved a major milestone by being uplisted to the ‘Big Board’ NYSE,” Lee said.

“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.”

Chris Taylor, NYSE Group Chief Development Officer, also issued a formal welcome. “We are pleased to welcome Bitmine to the New York Stock Exchange,” Taylor said.

“With its focus on advancing the Ethereum ecosystem, Bitmine is a strong addition to the NYSE community.” The statement coincided with the commencement of BMNR trading on the exchange.

Bitmine’s Board of Directors unanimously approved the expansion of its repurchase program to $4 billion. The authorization was originally established on July 25, 2025, and continues under its previous terms.

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

Ethereum Accumulation and Institutional Backing Drive Bitmine’s Strategy

As of April 6, 2026, Bitmine holds approximately 4.803 million ETH tokens, equal to 3.98% of total supply. The company accumulated this position over nine months as part of its “Alchemy of 5%” goal. At its current pace, Bitmine has completed over 79% of its total ETH acquisition target.

Bitmine’s combined crypto, cash, and other holdings total $11.4 billion. This figure includes the ETH position, $864 million in total cash, and other crypto assets the company classifies as “Moonshots.”

The company continues to attract strong institutional support for its ETH accumulation strategy. Backers include ARK’s Cathie Wood, Founders Fund, Pantera Capital, Kraken, DCG, Galaxy Digital, MOZAYYX, and Bill Miller III.

Lee also addressed the rationale behind the expanded buyback program. “Bitmine’s expanded $4 billion buyback reflects our commitment to shareholders,” he stated.

“There may be a time in the future when Bitmine shares are trading below intrinsic value, and the Company wants to be in a position to accretively retire common shares.”

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