Cathie Wood Boosts Stake in Ethereum-linked Crypto Stock Bitmine Immersion Technologies
ByAinvest
Friday, Nov 7, 2025 10:16 pm ET1min read
BMNR--
ETH--
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.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet