BitMine Aims to Secure 5% Stake in ETH
BitMine’s Strategic Ethereum Holdings to Bolster the Entire Ethereum Network
Las Vegas, July 23, 2025 /PRNewswire/ — (NYSE AMERICAN: BMNR) Bitmine Immersion Technologies (“BitMine” or the “Company”), a forward-thinking cryptocurrency mining enterprise, has set its sights on acquiring a substantial 5% of all Ethereum (ETH) in circulation. Today, they announced a significant development: options trading for the Company’s common stock has commenced on the prestigious New York Stock Exchange (“NYSE”).
As of July 23, 2025, BitMine options are actively being traded under the designated ticker “BMNR.” These options encompass a comprehensive selection of standard expiration dates and strike prices. The introduction of these options is projected to broaden investment opportunities and potentially boost the trading volume of the company’s stock. This offers investors greater versatility in controlling risk, leveraging potential gains, and articulating their expectations for the company’s stock trajectory.
“The launch of options trading on the NYSE marks a pivotal moment for BitMine, providing investors with expanded avenues to engage in our ongoing advancement,” commented Thomas “Tom” Lee of Fundstrat, Chairman of BitMine’s Board. “This development underscores the growing confidence in our strategic vision. This is aimed at securing 5% of the total ETH supply on the planet, thereby solidifying our position as a premier institutional Ethereum stakeholder on a global scale.”
BitMine options trading is facilitated via the Options Clearing Corporation (“OCC”) and adheres to the established regulatory framework set forth by both the NYSE and the OCC.
About BitMine
BitMine operates within the Bitcoin and Ethereum ecosystems, with a specific focus on accumulating cryptocurrency assets for sustained, long-term investment. This accumulation is achieved via both Bitcoin mining activities and strategic capital raising initiatives. The company’s core activities involve Bitcoin Mining, simulated Bitcoin extraction via involvement in Bitcoin mining, providing hashrate as a financial instrument, rendering consultancy and mining solutions for entities seeking Bitcoin-denominated revenues, and offering general Bitcoin-related advisory services to publicly listed companies. BitMine’s operational footprint extends across energy-efficient regions including Trinidad, Pecos, Texas, and Silverton, Texas.
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Forward-Looking Statements
This communication incorporates projections and declarations which are deemed “forward-looking statements.” These statements, which deviate from solely historical facts, entail inherent uncertainties and risks. Notably, these forward-looking statements explicitly address the progress and realization of BitMine’s targets related to ETH acquisition, the intrinsic long-term value of Ethereum, the sustained growth and advancement of the Company’s Ethereum-centric treasury strategy, and associated benefits. When interpreting these forward-looking statements, it’s crucial to consider elements such as BitMine’s capability to adapt to evolving technological landscapes and shifting market demands, the Company’s ability to secure financing for its present operations, Ethereum treasury endeavors, and prospective ventures; the competitive setting within BitMine’s operational sphere; and the fluctuating value of Bitcoin and Ethereum. Actual future outcomes could differ notably from those represented in these statements. Forward-looking statements are subject to a multitude of conditions, predominantly beyond BitMine’s jurisdiction, encompassing those detailed in the Risk Factors section of BitMine’s Form 10-K submitted to the Securities and Exchange Commission (“SEC”) on April 3, 2025, alongside other SEC filings, as periodically amended or updated. Copies of BitMine’s filings with the SEC can be accessed on the SEC’s website at www.sec.gov. BitMine disclaims any obligation to revise or update these statements post the date of this communication, unless mandated by prevailing regulations.
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