Bitmine Immersion Tech Moves to NYSE & Quadruples Buyback Program

By Chris Stiles • Thursday, April 09 11:14 • Permanent Link

Bitmine Immersion Technologies said it has moved its common stock to the New York Stock Exchange, with trading on the NYSE beginning April 9, 2026 under the ticker BMNR, after previously trading on the NYSE American.

At the same time, the company expanded its share repurchase authorization from $1.0 billion to $4.0 billion, quadrupling the buyback program. Bitmine said the enlarged authorization ranks among the 10 largest buybacks announced in 2026.

The company also reported that, as of April 6, 2026, it held about 4.803 million ETH, equal to 3.98% of the total Ethereum supply. Bitmine said that stake puts it more than 79% of the way toward its stated 5% target.

Bitmine put the combined value of its crypto holdings, total cash and “moonshots” at $11.4 billion. That total includes $864 million in cash and other crypto holdings alongside the 4.803 million ETH.

The company said the latest figures reflect a rapid accumulation campaign over the past nine months, during which it moved to 3.98% of the ETH supply from a lower starting point and advanced toward its 5% objective. Today the company's shares have moved -8.33% to a price of $19.47. For the full picture, make sure to review BITMINE IMMERSION TECHNOLOGIES, INC.'s 8-K report.

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