Cathie Wood’s ARK Invest buys additional 242,347 shares of Ether treasury firm BitMine
Summary
Cathie Wood’s ARK Invest continued its recent buying trend by acquiring an additional 242,347 shares of BitMine, an Ethereum treasury company, on November 13 across its innovation and next-generation internet exchange-traded funds (ETFs). This purchase follows a similar acquisition of 240,507 BitMine shares the previous Thursday. BitMine is noted as a leading Ethereum treasury firm that emphasizes immersion technologies for its operations, aligning with ARK Invest's focus on Ether-related strategies.
(Source:Crypto Briefing)