Ark Invest bought $ 15.6 million shares of Ether Treasury Company Bitmine Immersion Technologies (BMNR) On Wednesday.
The Investment Manager based in St. Petersburg, Florida, added a total of 339,113 BMNR shares to three of its bags quoted in the stock market (ETF) – Innovation (Arkk)Next generation Internet (ARKW) and Fintech innovation (ARKF) – According to a notification sent by email.
Bitmine’s shares fell 7.85% to $ 46.03 on Wednesday.
The company, led by Tom Lee de Fundstrat, is one of Ether’s largest corporate holders, which bought more than 1.7 million tokens, with a value of just under $ 8 billion at current prices.
The ARK led by Cathie Wood is often charged in the shares of companies when their shares receive a blow and discharge them when they enjoy an increase to maintain the objective weight of different participations within their ETF.
