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Cathie Wood Boosts Stake in Ethereum-linked Crypto Stock Bitmine Immersion Technologies
ByAinvest
Friday, Nov 7, 2025 10:16 pm ET1min read
Cathie Wood's investment firm, ARK Invest, increased its exposure to Bitmine Immersion Technologies, a leading Ethereum treasury firm chaired by Wall Street legend Tom Lee. ARK Invest acquired 240,507 BMNR shares worth approximately $9.2 million across three of its funds. This move shows Wood's confidence in the prospects of Bitmine, despite the company's BMNR stock falling around 7% yesterday to close at $37.37.
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