Tom Lee’s BitMine Hosts Its Largest Corporate Event, Will Stock React?
Market / Price
Bitmine Immersion Technologies (BMNR) began trading on the New York Stock Exchange on April 9, but the stock dropped nearly 2% despite an announcement of a $4 billion buyback. The transition from the NYSE American to the main NYSE board marks the Ethereum-focused treasury firm’s largest corporate event to date. BitMine Lands on NYSE, Expands Buyback to $4 Billion Chairman Thomas “Tom” Lee confirmed the uplisting on April 9. BMNR ceased trading on the NYSE American after-market on April 8 and opened on the main board the following morning
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