BitMine Opens NYSE Options Trading, Targeting 5% Ethereum – Thiel Backs Move
Main Idea
BitMine launches NYSE options trading under the ticker 'BMNR', marking a milestone in its expansion, with Peter Thiel disclosing a 9.1% stake in the company.
Key Points
1. BitMine introduces NYSE options trading for its stock (BMNR), providing investors with directional views and various strike prices/expiration dates.
2. BitMine Chairman Thomas Lee states this launch is a major step in the company's growth, including plans to acquire up to 5% of Ethereum's total supply.
3. Peter Thiel reveals a 9.1% stake in BitMine, reinforcing his support for blockchain-based assets.
4. BitMine shares (BMNR.A) rose 1.04% in early trading following the announcement.
Description
BitMine Immersion Technologies, a crypto mining company known for its Ethereum-focused treasury strategy, has announced that its common stock will begin trading as listed options on the New York Stock Exchange. Options trading now available for $BMNR investors https://t.co/25P3HOUm05 — Bitmine BMNR (@BitMNR) July 23, 2025 The new listing, which launches today, is trading under the ticker symbol “BMNR.” This listing introduces a new level of market access for investors interested in BitMine’s per...
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