BitMine Immersion Technologies Inc. began trading options on its common stock Tuesday on the New York Stock Exchange, marking a key financial development for the crypto mining firm as it pursues a growing stake in Ethereum. The company disclosed the new development in a July 23, 2025 press release.
The listing, under ticker symbol BMNR, introduces a range of standard strike prices and expiration dates, offering traders new tools to hedge or speculate on BitMine’s stock. Options trading on BitMine shares will be cleared through the Options Clearing Corporation and will follow NYSE and OCC regulatory standards.
New Access for Investors
BitMine, which operates crypto mining infrastructure and trades publicly on the NYSE American exchange, announced the move as part of a broader effort to expand market access. The company said it expects the addition of listed options to potentially improve share liquidity and give investors more flexibility in portfolio risk management.
Options contracts allow market participants to buy or sell stock at predetermined prices before a set expiration date, commonly used for risk hedging or speculative trading. The availability of such instruments often draws more diverse market participants, particularly institutional traders. The company did not disclose any financial terms related to the listing or trading volume projections.
Ethereum Strategy in Focus
BitMine has drawn attention in recent months after announcing plans to acquire up to 5% of the global Ethereum (ETH) supply, a strategy that sets it apart from Bitcoin-focused mining peers. The company has framed its Ethereum holdings as a long-term treasury asset, though it has not publicly detailed a specific acquisition timeline. Thomas Lee, Chairman of BitMine’s Board and co-founder of market research firm Fundstrat Global Advisors, said the listing of stock options reflects increased market interest in the company’s long-term vision.
BitMine has not yet reached significant ETH holdings, and regulatory filings related to the acquisition strategy remain limited. The firm continues to operate in the crypto mining space using immersion technology, which it says offers improved thermal efficiency compared to traditional setups.
Regulatory Oversight Remains Key
As with all listed options, trading in BMNR options is subject to market risk and regulatory compliance. The NYSE and OCC will oversee trading activity, ensuring adherence to established rules. BitMine shares continue to trade under the BMNR symbol on NYSE American, with options now offering investors a new layer of exposure to the company’s stock movement.
