Ark Invest purchased another $15.3 million worth of BitMine shares on Tuesday
16hours ago
Odaily Planet Daily News: Cathie Wood's Ark Invest purchased another $15.3 million worth of BitMine Immersion Technologies shares through its three ETFs on Tuesday, having purchased $20 million the day before. Last week, it also spent $182 million to acquire more than 4.77 million shares of BitMine common stock. At the same time, Ark Invest 's ARKF fund also sold $1.47 million worth of Block Inc. shares. BitMine Chairman of the Board Thomas Lee said that the company's ETH holdings have exceeded $2 billion and are moving towards the goal of acquiring and staking 5% of the overall ETH supply. Although BitMine's stock price fell 8.86% on Tuesday, the cumulative increase in the past month has reached 650.29%. (The Block)
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