ARK Invest Buys $18.6M in Ether Strategy Firm BitMine, Dumps Coinbase and Block Shares

Cathie Wood’s ARK Invest made a bold move on Monday, scooping up $18.6 million worth of shares in BitMine Immersion Technologies (BMNR)—a company positioning itself as a major player in the Ether (ETH) treasury and staking ecosystem. According to ARK’s latest trade disclosure, the investment firm purchased 529,366 BMNR shares across its Innovation ETF (ARKK) … Continue reading ARK Invest Buys $18.6M in Ether Strategy Firm BitMine, Dumps Coinbase and Block Shares