TLDR
- Bitmine purchased 71,252 ETH during the week ending April 5, boosting its total holdings to 4.803 million ETH.
- BMNR shares climbed approximately 7.1% intraday on Monday following Bitmine’s announcement of the ETH purchase and its NYSE uplisting.
- Bitmine stated that BMNR will cease trading on its current junior exchange after April 8 and start trading on the NYSE on April 9.
- The firm reported that 3.334 million ETH is currently staked, valued at roughly $7.1 billion based on current market prices.
- Bitmine noted that its ETH treasury accounts for around 3.98% of Ethereum’s circulating supply, and it still aims to reach 5%.
(SeaPRwire) – Bitmine has acquired more than 71,000 Ethereum and secured an NYSE uplisting, with BMNR stock rising around 7.1% on Monday. The update connected a new ETH purchase to its transition to a larger U.S. exchange. Bitmine announced that trading on the NYSE will commence on April 9 under the ticker symbol BMNR.
Following the most recent purchase, the company holds 4.803 million ETH, which is worth approximately $10.3 billion at current rates. Bitmine stated this total represents around 3.98% of Ethereum’s circulating supply, and it linked the announcement to its treasury expansion and exchange upgrade.
Bitmine increases Ethereum holdings via another weekly purchase
Bitmine reported purchasing 71,252 ETH in the week ending April 5, describing this as its biggest weekly buy since late December 2025. Additionally, it has ramped up its buying rate over the past four weeks.
In a statement, Tom Lee commented: “Over the past week, we acquired 71,252 ETH.” He further noted that this buying pace was the company’s quickest since the week ending December 22, 2025, when Bitmine purchased 98,852 ETH.
Bitmine annonce détenir 4,803 millions d’ETH après un nouvel achat de 71 252 ethers la semaine dernière. pic.twitter.com/4O4A4cVew6
— Coin Academy (@coinacademy_fr) April 6, 2026
Bitmine has expressed its long-term goal of owning 5% of Ethereum’s circulating supply. Following the latest purchase, it remains just shy of that target at 3.98%, and the company did not announce a new weekly buying goal.
The stock market responded to the update. Yahoo Finance data indicated that BMNR hit around $20.60 after the market opened. Despite this, the shares are still down 23% year-to-date, though they have gained approximately 187% over the past 12 months.
NYSE uplisting marks a new milestone for BMNR shares
Bitmine stated that BMNR will halt trading on its current junior exchange after the market closes on April 8, with the stock starting to trade on the NYSE the following morning. The ticker symbol will stay BMNR.
This move positions Bitmine on a larger U.S. exchange as it grows its Ethereum treasury. The change could broaden access for more market participants and comes at a time when BMNR’s trading activity remains robust.
Fundstrat noted that BMNR was among the most actively traded U.S. stocks during the four trading sessions up to April 2, with an average daily dollar volume of roughly $987 million. Fundstrat added that this put BMNR close to Schlumberger and Adobe in terms of trading activity.
Staking operations expand alongside treasury growth and listing transition
Bitmine reported that 3.334 million ETH is currently staked via its validator infrastructure, with this staked amount valued at approximately $7.1 billion. The firm noted this total makes up around 69% of its Ethereum treasury.
Staking activities are managed through MAVAN, Bitmine’s Made in America Validator Network. The company stated it developed MAVAN initially to support its own treasury, and the platform may eventually cater to external institutions and partners.
Lee stated: “Bitmine has staked more ETH than any other entity globally.” Bitmine connected this scale to its plans involving custodians, partners, and larger investors, and also disclosed holding 198 BTC and $864 million in cash.
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Bitmine annonce détenir 4,803 millions d’ETH après un nouvel achat de 71 252 ethers la semaine dernière. pic.twitter.com/4O4A4cVew6