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Stock impact report

Tom Lee's BitMine Hosts Its Largest Corporate Event, Will Stock React? [Yahoo! Finance]

Galaxy Digital Inc. - Class A common stock (GLXY) 
Company Research Source: Yahoo! Finance
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. https://twitter.com/fundstrat/status/2042240875678363923?s=20 Alongside the move, BitMine's board unanimously approved a fourfold expansion of its 2025 share repurchase program. The authorization grew from $1 billion to $4 billion, ranking it among the 10 largest buyback announcements in 2026, according to Fundstrat data. "There may be a time in the future when Bitmine shares are trading below intrinsic value, and the Company wants to be in a position to accretively retire common shares," read an excerpt in the announcement. Repurchases will continue under existing terms through open market transactions via Ca Show less Read more
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