Tom Lee, Who Lost Billions of Dollars by Buying Ethereum (ETH) at its Peak, Has Made Another Massive Move! Here’s What You Need to Know
Bitmine, the world’s largest holder of institutional Ethereum (ETH), announced its move to the NYSE in an official statement.
Bitmine announced it will be moving its trading location from Nasdaq to the New York Stock Exchange (NYSE). The company stated it will begin trading on the NYSE under the ticker symbol BMNR.
Accordingly, Bitmine has completed the process of starting trading on the NYSE and has also expanded its share buyback program. The announcement stated that the share buyback program has been increased from $1 billion to $4 billion.
BitMine CEO Tom Lee described this move as a significant milestone for the company. Lee characterized the NYSE as the world’s largest stock exchange with a long history and strong reputation.
Bitmine now holds 4,803,000 ETH following recent purchases. This represents 3.98% of the ETH supply.
*This is not investment advice.
Continue Reading: Tom Lee, Who Lost Billions of Dollars by Buying Ethereum (ETH) at its Peak, Has Made Another Massive Move! Here’s What You Need to Know
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