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HomeGlobal Market TrendsBitmine uplists to the NYSE, share buyback increased to $4B

Bitmine uplists to the NYSE, share buyback increased to $4B

Bitmine uplists to the NYSE, share buyback increased to $4B

A listing on the NYSE requires a company to meet strict requirements covering financial health, share distribution and corporate governance.

Ether treasury company Bitmine Immersion Technologies has started trading on the New York Stock Exchange after uplisting from NYSE American as the company expanded its share buyback program.

The Ether (ETH) treasury company’s stock began trading on the NYSE at market open on Thursday under its existing “BMNR” ticker symbol, Bitmine announced Thursday.

Bitmine chairman Tom Lee said it’s a major milestone for the company as the NYSE is considered one of the world’s top exchanges.

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