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ARK Invest Increases Holdings in BitMine Stock by $18.6 Million and Reduces Other Crypto Concept Stocks
Summary: According to CoinDesk, ARK Invest invested $18.6 million on July 29 to purchase 529,000 shares of BitMine stock, which were allocated to its Innovation ETF (ARKK) and Next Generation Internet ETF (ARKW) funds. BitMine currently holds over 300,000 Ether coins, with a total value exceeding $1 billion, making it one of the largest enterprise-level Ether ...
According to CoinDesk, ARK Invest invested $18.6 million on July 29 to purchase 529,000 shares of BitMine stock, which were allocated to its Innovation ETF (ARKK) and Next Generation Internet ETF (ARKW) funds. BitMine currently holds over 300,000 Ether coins, with a total value exceeding $1 billion, making it one of the largest enterprise-level Ether holders. On the same day, ARK Invest also sold approximately $7 million worth of Coinbase stock and $15 million worth of Block company stock.
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Link: ARK Invest Increases Holdings in BitMine Stock by $18.6 Million and Reduces Other Crypto Concept Stocks [Copy]
