Summary
- Bitmine Immersion announced it is listing a common stock option product on Nasdaq as part of its strategy to reserve '5% of all Ethereum worldwide.'
- Bitmine stated that this option listing will enhance stock liquidity, assist in risk management, and provide opportunities to use leveraged positions.
- Tom Lee, chairman of Bitmine's board, emphasized that Bitmine's NYSE option trading will be a milestone toward achieving the goal of becoming the world's largest Ethereum reserve institution.
Bitmine Immersion (BMNR), a cryptocurrency mining company that promotes its strategy of reserving '5% of all Ethereum (ETH) worldwide,' is listing a common stock option product on Nasdaq.
On the 23rd (local time), Bitmine announced, "This listing of a common stock option product will create various benefits, including increased stock liquidity, risk management, and the use of leveraged positions."
Tom Lee of Fundstrat, chairman of Bitmine's board, emphasized, "Bitmine's NYSE option trading is a significant milestone and will serve as a foundation for achieving our goal to become the world's largest Ethereum reserve institution."
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
![[Today’s Key Economic & Crypto Calendar] US January Manufacturing PMI, etc.](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
![[Market] Bitcoin breaks below $76,000 as selloff shows no sign of easing](https://media.bloomingbit.io/PROD/news/0b328b54-f0e6-48fd-aeb0-687b3adede85.webp?w=250)
![[Market] Bitcoin slips below $77,000…Ethereum also breaks below $2,300](https://media.bloomingbit.io/PROD/news/f368fdee-cfea-4682-a5a1-926caa66b807.webp?w=250)
