Bitmine Immersion Technologies (NYSE:BMNR) is trading higher after announcing the availability of common stock for options trading on the NYSE. Shares are up 2.85% pre-market to $41.48. The company aims to acquire 5% of Ethereum through a treasury strategy.
Bitmine Immersion Technologies (BMNR) is trading higher after announcing the availability of common stock for options trading on the New York Stock Exchange (NYSE). Pre-market trading saw shares rise by 2.85% to $41.48 [1]. The company, known for its treasury strategy to acquire 5% of Ethereum, has welcomed this new milestone as a significant step in expanding investor access and enhancing liquidity.
The announcement came on July 23, 2025, when Bitmine Immersion Technologies (BMNR) stated that options trading for its common stock would commence under the ticker symbol BMNR. The options will be available through the Options Clearing Corporation (OCC) and will include various expiration dates and strike prices [2, 3]. This development is expected to provide investors with added flexibility to manage risk, leverage positions, and express views on the company's future stock performance.
Thomas "Tom" Lee, Chairman of BitMine's Board of Directors, commented on the significance of this milestone, stating, "Options trading on the NYSE is a major milestone for BitMine, giving investors more ways to participate in our continued growth. It reflects growing confidence in our vision and supports our ambitious goal of acquiring 5% of the global ETH supply and becoming one of the largest institutional holders of Ethereum in the world" [2].
BitMine operates in low-cost energy regions in Trinidad, Pecos, Texas, and Silverton, Texas. The company's business lines include Bitcoin and Ethereum mining, synthetic Bitcoin mining, hashrate as a financial product, and advisory services for companies interested in earning Bitcoin denominated revenues. The company's focus on long-term investment in cryptocurrencies is a cornerstone of its strategy [4].
Forward-looking statements in the press release highlight the company's goals regarding ETH acquisition and staking, the long-term value of Ethereum, and the continued growth of its Ethereum treasury strategy. However, these statements are subject to numerous risks and uncertainties, including the company's ability to keep pace with new technology, finance its operations, and the competitive environment of its business [4].
BitMine's operations and filings with the Securities and Exchange Commission (SEC) can be accessed on the SEC's website at www.sec.gov [4].
References:
[1] https://seekingalpha.com/news/4470532-bitmine-immersion-to-commence-options-trading-on-nyse
[2] https://laotiantimes.com/2025/07/23/bitmine-immersion-bmnr-announces-commencement-of-options-trading-on-nyse-2/
[3] https://www.stocktitan.net/news/BMNR/bit-mine-immersion-bmnr-announces-commencement-of-options-trading-on-oycqufsuds7u.html
[4] https://www.prnewswire.com/news-releases/bitmine-immersion-bmnr-announces-commencement-of-options-trading-on-nyse-302511922.html
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