ARK Invest acquires over 4.4 million shares of Ethereum treasury firm
Cathie Wood’s Ark Invest has made a significant move by acquiring over 4.4 million shares of Bitmine Immersion Technologies (BMNR), a company focused on Ethereum treasury management and led by Tom Lee, the founder and CIO of Fundstrat. This acquisition was disclosed in a trade report dated July 21 and was distributed across several of Ark’s exchange-traded funds (ETFs). The flagship Ark Innovation ETF (ARKK) received the largest portion, around