TLDR
- Bitmine began trading on the NYSE on Thursday after leaving NYSE American.
- The company increased its share repurchase authorization from $1 billion to $4 billion.
- Bitmine held 4.803 million ETH as of Monday, equal to 3.98% of total supply.
- The company added 71,252 ETH in the week ending April 5, its biggest weekly buy since December.
- Bitmine reported 3,334,637 staked ETH as of April 6 through its treasury strategy.
Bitmine has moved to the New York Stock Exchange while expanding its capital return plan and growing its Ethereum treasury. The company said it now holds 4.803 million ETH and has raised its share repurchase authorization to $4 billion.
The update places Tom Lee’s Bitmine in focus as it shifts from NYSE American to the main NYSE market. It also adds to the company’s recent push to buy and stake more ETH during a weak period for crypto prices.
Bitmine starts trading on the NYSE
Bitmine began trading on the New York Stock Exchange on Thursday. Its shares stopped trading on NYSE American at the close on Wednesday. The move takes the company to a larger and more visible exchange.
Chairman Tom Lee described the step as a major event for the company. He said, “Today, Bitmine achieved a major milestone by being uplisted to the ‘Big Board’ NYSE.” He also called the NYSE “the most prestigious venerable stock exchange with a storied history.”
The uplisting comes as Bitmine continues to present itself as a public company tied closely to Ethereum. The company has built its strategy around holding ETH and staking part of that balance. That approach has become central to its public market story.
Bitmine did not pair the exchange move with a change to its core treasury plan. Still, the timing matters because the company announced the uplisting with a larger repurchase authorization. That combination may attract closer market attention.
Buyback authorization rises to $4 billion
Bitmine’s board approved an increase to its 2025 share repurchase authorization. The company raised the limit from $1 billion to $4 billion. It said the revised plan includes shares already repurchased under the earlier program.
The company said the program was first approved on July 25, 2025. It allows open market purchases under Rule 10b-18 of the Securities Exchange Act of 1934. Bitmine said Cantor Fitzgerald is involved through an agreement tied to the program.
According to the company statement, the new total ranks among the 10 largest buyback announcements of 2026. Fundstrat’s 2026 buyback ranking was cited in that statement. Other firms listed in that group included Alphabet, Meta, and Apple.
The larger authorization arrives at the same time as Bitmine’s exchange move and ETH accumulation. That pairing gives the company two clear capital market messages. One focuses on share support, and the other centers on digital asset growth.
ETH holdings reach 4.803 million tokens
Bitmine said it held 4.803 million ETH as of Monday this week. The company said that amount equals 3.98% of Ethereum’s total supply. At current prices, the holdings were worth more than $10 billion.
In the week ending April 5, Bitmine added 71,252 ETH. The company said that was its biggest weekly ETH purchase since December. It also said it had kept up a faster buying pace through the past four weeks.
Bitmine reported 3,334,637 staked ETH as of April 6. Based on a price of $2,123 per token, that staked balance was valued at about $7.1 billion. The company also said it has staked more ETH than any other entity globally.
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