BitMine Expands Ethereum Treasury to $11.8 Billion, Uplists to NYSE

BitMine Immersion Technologies (BMNR), a leading Bitcoin miner turned Ethereum treasury company, has made significant strides in its expansion plans. According to a recent announcement, the company's combined crypto, cash, and 'moonshot' holdings have reached $11.8 billion as of April 13, 2026.

This includes a substantial position of 4.875 million ETH, representing approximately 4.04% of the total Ethereum supply. The company's chairman describes this move as a strategic play to become the dominant ETH treasury while benefiting from Ethereum's outperformance as a wartime store of value during the Iran conflict.

BitMine also highlighted its recent uplisting to the New York Stock Exchange (NYSE) from NYSE American on April 9, 2026. This upgrade is expected to increase market liquidity and provide easier access for investors to trade BMNR shares.