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ARK Invest Buys Another $15.3M Worth of Ether Strategy Firm BitMine Immersion
Cathie Wood's investment management firm added 477,498 BMNR shares across its Innovation and Next Generations Internet ETFs
Updated Jul 30, 2025, 3:53 p.m. Published Jul 30, 2025, 8:35 a.m.
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What to know:
- ARK Invest bought another $15.3 million worth of shares in ether treasury company BitMine on Tuesday.
- The 477,498 stock purchase followed a larger one of 529,366 shares the previous day.
- BMNR shares dropped further on Tuesday, closing 8.9% lower at $32, extending their slide following a climb to $135 at the start of this month.
ARK Invest increased its investment in ether treasury company BitMine Immersion Technologies for a second straight day, buying $15.3 million worth of the shares on Tuesday.
Cathie Wood's investment management firm added 477,498 BMNR shares across its Innovation (ARKK), Next Generations Internet (ARKW) and Fintech Innovation (ARKF) exchange-traded funds (ETFs), according to an emailed update.
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The purchase followed a larger one of 529,366 shares the previous day.
BMNR shares dropped further on Tuesday, closing 8.9% lower at $32, extending their slide following a climb to $135 at the start of this month.
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