Cathie Wood’s ARK Invest buys additional 242,347 shares of Ether treasury firm BitMine

Binance
Cathie Wood's ARK Invest buys additional 242,347 shares of Ether treasury firm BitMine
Binance


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Key Takeaways

ARK Invest, led by Cathie Wood, acquired an additional 242,347 shares of Bitmine on November 13.
The acquisition was made across its innovation and next-generation internet ETFs.

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Cathie Woodโ€™s ARK Invest, an investment manager purchasing shares across its innovation and next-generation internet exchange-traded funds, acquired an additional 242,347 shares of BitMine, an Ethereum treasury company advancing its Ether holdings strategy.

The purchase continues Ark Investโ€™s recent buying activity in BitMine across multiple funds to support its focus on Ether-related strategies. BitMine maintains its role as a leading Ethereum treasury firm, emphasizing immersion technologies for its operations.

The purchases follow ARK Investโ€™s acquisition of 240,507 BitMine shares last Thursday.



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