星球日报
星球日报|Apr 09, 2026 12:38
Bitmine announces expansion of stock buyback program to $4 billion Odaily Planet Daily News: Ethereum treasury company Bitmine announced that its common stock will begin trading on the New York Stock Exchange on April 9, 2026, with the stock code still "BMNR". In addition to the listing upgrade, Bitmine's board of directors has unanimously approved the expansion of the company's stock repurchase plan for 2025, increasing the authorized total amount from $1 billion to $4 billion. Tom Lee stated that Bitmine's expansion of its $4 billion stock buyback program reflects a commitment to shareholders, and in the future, Bitmine's stock price may be lower than its intrinsic value, with the hope of repurchasing common stock in a way that increases its value. It is reported that the repurchase plan was initially approved on July 25, 2025 and will continue to be executed according to its existing terms. According to the company and Cantor Fitzgerald& The agreement reached by Co. allows for repurchase through open market trading and compliance with Section 10b-18 of the Securities Exchange Act of 1934, with an authorized limit of $4 billion including all shares previously repurchased under the plan.
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