BitMine Graduates to NYSE as ETH Treasury Hits 4.8 Million Tokens – Crypto News – Crypto News
Connect with us
BitMine Graduates to NYSE as ETH Treasury Hits 4.8 Million Tokens BitMine Graduates to NYSE as ETH Treasury Hits 4.8 Million Tokens

De-fi

BitMine Graduates to NYSE as ETH Treasury Hits 4.8 Million Tokens – Crypto News

Published

1 hour ago

on

The ETH treasury company posted its largest weekly purchase since December, and will begin trading on the main NYSE board on Thursday.

Tom Lee’s Bitcoin (BTC) mining company turned Ethereum (ETH) digital assset treasury (DAT), BitMine Immersion Technologies, has been approved to uplist from NYSE American to the New York Stock Exchange (NYSE). The company announced the news in a press release today, April 6, alongside its latest ETH purchase and staking data.

The largest Ethereum treasury firm’s move to NYSE is an indicator of growth and maturity for the firm, as the main NYSE board has stricter requirements, including for number of shareholders and float. Generally, the move marks an ascent from small-cap to large-cap status. Trading under the same ticker, BMNR, will move to the NYSE at the open on Thursday, April 9, the release notes.

BMNR shares on NYSE American are up over 6% today on the news, per data from Yahoo Finance, trading near $21.

The uplisting news came alongside BitMine’s weekly treasury update, which showed the company acquired 71,252 ETH in the past week — its largest single-week purchase since the week of December 22, 2025.

Total ETH holdings now stand at 4,803,334 tokens, valued at an average purchase price of $2,123 per ETH. The firm’s combined crypto, cash, and moonshot holdings total $11.4 billion, the release notes.

As of April 6, the company has staked 3,334,637 ETH, worth approximately $7.1 billion, making it the second-largest Etheruem staking entity after Lido, per Dune.

BitMine now owns 3.98% of the total ETH supply, placing it 79% of the way toward its self-described “Alchemy of 5%” target, according to today’s release.

As The Defiant previously reported, the largest DATs, namely BitMine and Michael Saylor’s Strategy, have continued to increase their crypto purchases as markets more broadly stagnate.

Also today, Strategy disclosed its latest weekly Bitcoin purchase, reporting that it has a 4,871 BTC purchased for approximately $329.9 million at an average price of $67,718 per coin. Strategy now holds 766,970 BTC in total, making it the largest DAT by holdings, followed by BitMine.

Spot ETH is up nearly 6% as well today as the broader crypto markets rally. ETH is trading near $2,155 and is currently the best performing asset among the top-ten large-caps on the daily and weekly timeframes.

This article was written with the assistance of AI workflows. All our stories are curated, edited and fact-checked by a human.

Related Topics:
Continue Reading

Trending