Bitmine Hits NYSE as Company Ramps up $4B Share Buyback
Cointelegraph
Bitmine has officially uplisted to the New York Stock Exchange and increased its share buyback program to $4 billion.Summary
Ether treasury company Bitmine Immersion Technologies has transitioned from the NYSE American to the New York Stock Exchange, marking a significant milestone for the firm. By meeting the NYSE’s rigorous financial and governance standards, Bitmine expects to gain access to larger capital pools. Concurrently, the company's board has unanimously increased its share repurchase program from $1 billion to $4 billion to provide value to shareholders, even as the stock price has experienced a decline over the past six months.
(Source：Cointelegraph)