BitMine Hits NYSE Options Market as It Aims for 5% of Global ETH Supply
BitMine Immersion Technologies has officially entered the options market, with its shares now tradable on the New York Stock Exchange (NYSE) under the ticker “BMNR.”
As of July 23, 2025, options contracts tied to BitMine’s common stock are accessible to investors, expanding trading possibilities for both institutional and retail participants.
The company, which combines crypto mining and Ethereum-focused treasury strategies, said the availability of options provides more ways for investors to manage risk, gain exposure, or speculate on its stock. The Options Clearing Corporation (OCC) has approved a range of strike prices and expiration dates for BMNR options, ensuring standardisation and regulatory oversight.
Thomas Lee, BitMine’s Chairman and Head of Research at Fundstrat, called the move a major achievement. He noted that the listing reflects investor confidence in the company’s long-term objectives, especially its mission to acquire 5% of the global Ethereum supply.
BitMine operates on a dual business model, integrating traditional crypto mining infrastructure with advisory services. In addition to synthetic Bitcoin mining, the firm is building a treasury of crypto assets through operations and strategic capital market activities. BitMine’s energy-efficient mining facilities are based in regions like Texas and Trinidad.
Investor attention surged earlier this year when Peter Thiel, a tech billionaire known for his early investments in crypto, revealed a 9.1% stake in the company. His involvement has added credibility to BitMine’s ambitious Ethereum accumulation goals.
Following the announcement, BitMine shares edged up 1.04% in early Wednesday trading. With options now live, the company expects increased liquidity and broader participation, helping to strengthen its positioning in the digital asset space.
