ARK Invest Acquires $182 Million of BitMine Immersion (BMNR) Common Shares, Enabling BitMine to Further Advance its Ethereum Treasury Strategy
Cathie Wood's ARK Invest has acquired $182 million of BMNR equity across multiple of its Funds, representing 4,773,444 common shares
100% of net proceeds of $177 million from ARK sale to be used to acquire ETH
Cathie Wood, MOZAYYX, Founders Fund, Pantera, Kraken, DCG, and Galaxy Digital support BitMine's goal of acquiring 5% of ETH
LAS VEGAS, July 22, 2025 /PRNewswire/ -- (NYSE:BMNR) ("BitMine" or the "Company") today announced ARK Invest acquired 4,773,444 shares of BitMine common stock totalling $182 million. The Company expects to invest 100% of the net proceeds ($177 million) to acquire ETH. This transaction was accomplished via a block trade made in connection with the Company's previou
