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Ark Invest purchased $175 million worth of Ethereum treasury company BMNR stock yesterday.
On July 22, Cathie Wood's Ark Invest bought 4,421,034 shares of Ethereum treasury company Bitmine Immersion (BMNR) stock on July 21, valued at approximately $175 million. In addition, Ark Invest reduced its holdings by a total of 218,986 shares of CEX stock yesterday, valued at about $90.58 million. They also reduced their holdings of 109,824 shares of Robinhood stock (approximately $11.46 million) and 90,061 shares of Block stock (approximately $7 million).