Ark Invest Doubles Down on BitMine Amid Ethereum Market Volatility
ByAinvest
Thursday, Feb 5, 2026 5:02 am ET1min read
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Ark Invest, led by Cathie Wood, has increased its holdings in BitMine Immersion Technologies despite Ethereum losses, highlighting a strategic bet on cryptocurrency infrastructure. The investment firm has accumulated over $180M in BitMine shares, signaling confidence in the company's role in crypto infrastructure. This move has positioned BitMine as a critical player amidst falling Ethereum prices and reflects a potential game-changer in crypto infrastructural development.
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