Bitmine lists on the NYSE main board and announces a $4 billion buyback, Morgan Stanley Bitcoin ETF launches on its first day, BTC recovers the $72,000 level

ME News message, April 10 (UTC+8), according to BBX cryptocurrency concept stock information disclosures, the global cryptocurrency market received a brief respite at the macro level yesterday. After the US-Iran ceasefire agreement was announced the day before (April 8), Bitcoin successfully reclaimed the $72,000 range, and the market’s risk appetite staged a temporary rebound. Meanwhile, institutional positioning activity has been intense: Ethereum treasury concept stock Bitmine officially rang the opening bell to list on the NYSE main board, and Morgan Stanley’s spot Bitcoin ETF opened for trading that same day. Together, the two events mark a new phase in the institutional narrative surrounding crypto concept stocks.

Core Dynamic Highlights

Bitmine Immersion Technologies (NYSE: $BMNR) officially completed its listing upgrade from the NYSE American to the NYSE main board starting from yesterday’s market open (April 9). On the same day, the board unanimously approved expanding the stock repurchase authorization from $10亿 to $40亿. According to Fundstrat data, this scale ranks among the top 10 global buybacks in 2026. As of April 5, the company held approximately 4.803 million ETH, representing about 3.98% of Ethereum’s total supply network-wide, approaching its publicly disclosed 5% position target.

Morgan Stanley Bitcoin Trust (NYSE Arca: $MSBT) was officially listed and began trading yesterday. Its management fee rate is 0.14%. Its first-day trading volume was approximately $34 million, slightly above analysts’ estimate of $30 million. Coinbase Institutional was designated as the fund’s asset custodian—marking another spot Bitcoin ETF from a top traditional broker after BlackRock iShares Bitcoin Trust ($IBIT).

MARA Holdings (NASDAQ: $MARA) recorded about a 9.8% weekly gain over the past week, but fundamentals are under pressure: analysts expect the latest quarterly report to show a per-share loss in the range of $0.40 to $0.51. The company is accelerating its transformation toward AI and data center infrastructure; earlier, it sold 15,133 BTC to optimize its balance sheet.

Macro backdrop — the US-Iran ceasefire and Bitcoin price recovery: On April 8, Trump announced a two-week ceasefire agreement with Iran. On that day, BTC broke through $70,000, and on April 9 it rose further to about $72,348, the first time since March 26 that Bitcoin climbed above this round-number level. Bitcoin’s total market capitalization is about $1.447 trillion. (Source: BBX)