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Cathie Wood’s ARK Invest buys additional 242,347 shares of Ether treasury firm BitMine
Institutional investors ramp up exposure to Ethereum-focused firms as digital assets gain new momentum in 2025.
Cathie Wood’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 Invest’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 Invest’s acquisition of 240,507 BitMine shares last Thursday.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.