BitMine Immersion Technologies (NYSE American: BMNR), a crypto mining firm with bold Ethereum ambitions, officially commenced options trading on the New York Stock Exchange on July 23, 2025.
The company’s shares are now available for derivatives trading under the ticker “BMNR,” featuring a range of expiration dates and strike prices.
This move marks a key milestone in BitMine’s evolution, providing institutional and retail investors with expanded access and advanced risk management tools. By entering the options market, BitMine aims to boost liquidity and offer more flexible strategies for investors seeking exposure to its stock performance.
Options trading now available for $BMNR investors
👏👏👏👏👏https://t.co/25P3HOUm05— Bitmine BMNR (@BitMNR) July 23, 2025
The launch of options trading comes as BitMine aggressively scales its Ethereum-focused treasury strategy. Chairman of the Board, Thomas “Tom” Lee of Fundstrat, called the listing a vote of confidence in the company’s long-term roadmap. BitMine has publicly set its sights on acquiring 5% of Ethereum’s total supply—an ambition that would place it among the world’s largest institutional ETH holders.
This Ethereum-first strategy reflects the company’s broader commitment to supporting the Ethereum ecosystem. Rather than simply mining or trading digital assets, BitMine is positioning itself as a long-term allocator of strategic capital into blockchain infrastructure, with Ethereum at its core.
BitMine’s entry into the options market also signals growing institutional appetite for crypto-native companies with aggressive digital asset accumulation plans. All trading will be facilitated through the Options Clearing Corporation (OCC), and conducted under NYSE and OCC regulatory frameworks—ensuring compliance and market transparency.
Adding to its momentum, BitMine disclosed ETH holdings exceeding $1 billion as of July 17, 2025. This milestone came just days after it closed a $250 million private placement on July 8, fueling the next phase of its Ethereum treasury strategy. The Company now holds approximately 300,657 ETH, valued at about $3,461.89 per ETH according to Bloomberg data. This sizable Ethereum position places BitMine among the largest public holders of ETH, aiming to acquire and stake 5% of the total ETH supply to both bolster its treasury.
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