Tom Lee's Bitmine uplists to NYSE, expands buyback authorization to $4 billion

Tom Lee's Bitmine uplists to NYSE, expands buyback authorization to $4 billion

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailTom Lee's Bitmine uplists to NYSE, expands buyback authorization to $4 billionThe company holds nearly 4% of ether's (ETH) total supply, but shares have struggled alongside that crypto.By Helene Braun, AI Boost|Edited by Stephen Alpher Apr 9, 2026, 2:50 p.m. Make preferred on Bitmine Chairman Tom Lee (CoinDesk)What to know: Bitmine Immersion Technologies (BMNR) began trading on the New York Stock Exchange after moving from the NYSE American.The company lifted its share repurchase authorization to $4 billion from $1 billion.Bitmine now holds about 4.8 million ether, or nearly 4 percent of total supply, making its balance sheet highly sensitive to crypto prices and broader risk sentiment amid uncertain global markets.Bitmine Immersion Tech

Source: https://www.coindesk.com/markets/2026/04/09/tom-lee-s-bitmine-lists-on-nyse-expands-usd4-billion-buyback-as-eth-bet-deepens