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ARK Invest Expands Stake in BitMine Amid Market Fluctuations
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ARK InvestCryptocurrency
Updated 14 hours ago

ARK Invest Expands Stake in BitMine Amid Market Fluctuations

Cathie Wood's ARK Invest has demonstrated strong confidence in BitMine Immersion Technologies by investing an additional $15.6 million, despite a recent stock decline. This investment underscores ARK's commitment to BitMine, a significant holder of ether, with total holdings now exceeding $300 million across three funds.

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Ethereum Bullishness: Ark Invest Boss Scoops $16-M More In BitMine Stock
PositiveCryptocurrency
Cathie Wood's ARK Invest has invested an additional $15.6 million in BitMine Immersion Technologies, despite the company's stock dropping nearly 8%. This move highlights ARK's confidence in the company amid market volatility.
ARK Invest Buys $15.6M Shares of Ether Treasury Firm Bitmine
PositiveCryptocurrency
ARK Invest has acquired $15.6 million in shares of Bitmine, a major corporate holder of ether, which has purchased over 1.7 million ETH valued at nearly $8 billion.
Editor’s Note: This investment highlights ARK Invest's confidence in the future of ether and the growing importance of cryptocurrency in corporate portfolios. Bitmine's significant holdings also reflect the increasing institutional interest in digital assets.
Cathie Wood’s ARK Invest buys another $15M of ETH firm BitMine
PositiveCryptocurrency
Cathie Wood's ARK Invest has purchased an additional $15 million in BitMine, bringing its total holdings to over $300 million across three funds.

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