ARK Invest Expands Stake in Ether Firm Bitmine with $30M Purchase
ARK Invest, led by Cathie Wood, has significantly increased its investment in Bitmine, acquiring a total of $30 million in shares. This move enhances ARK's holdings in the ether treasury firm to over $300 million across three funds, reflecting confidence in the growing value of ether, which Bitmine has amassed in substantial quantities.
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