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Tom Lee’s Bitmine uplists to NYSE with 4.8M ETH and $4 billion buyback authorization

The Block
Bitmine Immersion Technologies has uplisted to the NYSE and increased its share repurchase program to $4 billion alongside significant Ethereum holdings.

Summary

Bitmine Immersion Technologies (BMNR) has officially uplisted from the NYSE American to the New York Stock Exchange. Alongside this transition, the company’s board approved an expansion of its share repurchase program from $1 billion to $4 billion. Additionally, Bitmine continues to aggressively accumulate Ethereum, reporting total holdings of approximately 4.8 million ETH, with a significant portion staked, positioning the company as a major entity in the crypto space.

(Source:The Block)