Bitmine Uplists to NYSE and Expands Buyback Authorization to $4 Billion
Bitmine Immersion Technologies successfully uplisted its common stock to the New York Stock Exchange on April 9, 2026, transitioning from NYSE American. The company’s board approved an increase in its share repurchase program to $4 billion and it holds 4.803 million ETH, representing 3.98% of the Ethereum supply.
1. NYSE Uplisting
Bitmine Immersion Technologies successfully moved its common stock to the New York Stock Exchange at market open on April 9, 2026, elevating its listing from NYSE American and granting access to broader institutional and retail investor bases.
2. $4 Billion Share Repurchase Expansion
The board unanimously increased the 2025 share repurchase authorization from $1 billion to $4 billion, making it one of the top ten buybacks announced in 2026 and signaling management’s confidence in trading below intrinsic value.
3. Ethereum Accumulation Progress
As of April 6, 2026, Bitmine held approximately 4.803 million ETH—3.98% of the total Ethereum supply—advancing over 79% toward its goal of securing 5% and underscoring its digital asset accumulation strategy.