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 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.