
ARK Invest Buys Additional $15.3M in BitMine Immersion Amid Continued Share Slide
Cathie Wood’s ARK Invest increased its position in ether treasury firm BitMine Immersion Technologies (BMNR) for the second consecutive day, acquiring 477,498 shares worth approximately $15.3 million on Tuesday.
The shares were added across ARK’s Innovation (ARKK), Next Generation Internet (ARKW), and Fintech Innovation (ARKF) ETFs, according to a portfolio update shared via email.
Tuesday’s purchase followed a larger allocation of 529,366 shares on Monday, signaling growing institutional interest in BitMine despite recent price weakness.
BMNR shares extended their losses during the session, closing down 8.9% at $32—well below their early July peak of $135.






