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Bitmine Grows Holdings By 71252 and Wins NYSE Listing as Shares Climb 7.1%
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Bitmine acquires over 71,000 Ethereum and secures NYSE uplisting, while BMNR stock rose about 7.1% on Monday. The update linked a fresh ether purchase with a move to a larger US exchange. Bitmine said trading on the NYSE will begin on April 9 under the ticker BMNR.
After the latest purchase, the company held 4.803 million ETH, worth about $10.3 billion at current prices. Bitmine said that total equals about 3.98% of Ethereum’s circulating supply. The company tied the announcement to its treasury growth and exchange upgrade.
Bitmine lifts Ethereum holdings with another weekly purchase
Bitmine said it bought 71,252 ETH in the week ending April 5. The company called it its largest weekly purchase since late December 2025. It has also increased its buying pace during the past four weeks.
In a statement, Tom Lee said, “In the past week, we acquired 71,252 ETH.” He added that the pace was the firm’s fastest since the week ending December 22, 2025. That week, Bitmine bought 98,852 ETH.
Bitmine has said it wants to own 5% of Ethereum’s circulating supply over time. After the latest buy, it remained just below that level at 3.98%. The company did not give a fresh weekly target.
The stock market reacted after the update. Yahoo Finance data showed BMNR reached about $20.60 after the open. Even so, the shares remain down 23% this year, although they are up about 187% over 12 months.
NYSE uplisting adds a new step for BMNR shares
Bitmine said BMNR will stop trading on its current junior exchange after the close on April 8. The stock will begin trading on the NYSE the next morning. The ticker symbol will remain BMNR.
The move places Bitmine on a larger US exchange as it expands its Ethereum treasury. That change may widen access for more market participants. It also comes as BMNR trading activity remains strong.
Fundstrat said BMNR ranked among the most actively traded US stocks during the four sessions through April 2. It reported average daily dollar volume of about $987 million. According to Fundstrat, that placed BMNR near Schlumberger and Adobe in trading activity.
Staking business grows beside the treasury and listing move
Bitmine said 3.334 million ETH is now staked through its validator setup. The company valued that staked amount at about $7.1 billion. It said the total equals about 69% of its Ethereum treasury.
The staking work runs through MAVAN, Bitmine’s Made in America VAlidator Network. The company said it built MAVAN to support its own treasury first. It also said the platform may later serve outside institutions and partners.
Lee said, “Bitmine has staked more ETH than other entities in the world.” Bitmine linked that scale to its plan for custodians, partners, and larger investors. The company also reported 198 BTC and $864 million in cash.
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