ARK Invest Boosts Stake in BitMine with $15.6 Million Purchase
Cathie Wood's ARK Invest has reaffirmed its confidence in BitMine Immersion Technologies by investing an additional $15.6 million, despite a recent stock decline. This investment underscores ARK's strategic commitment to BitMine, which holds significant ether assets valued at nearly $8 billion, bringing ARK's total investment in the firm to over $300 million across three funds.
ARK Invest Boosts Stake in BitMine with $15.6 Million Purchase
Cathie Wood's ARK Invest has reaffirmed its confidence in BitMine Immersion Technologies by investing an additional $15.6 million, despite a recent stock decline. This investment underscores ARK's strategic commitment to BitMine, which holds significant ether assets valued at nearly $8 billion, bringing ARK's total investment in the firm to over $300 million across three funds.
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