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Ark Invest buys $175 million worth of BMNR shares while reducing holdings in multiple trading platforms.
On July 22, Block Rhythm reported that Cathie Wood's Ark Invest purchased 4,421,034 shares of Ethereum treasury company Bitmine Immersion (BMNR) on July 21, worth approximately 175 million USD.
In addition, Ark Invest reduced its holdings by a total of 218,986 shares of a certain trading platform's stock yesterday, valued at approximately 90.58 million dollars. They also reduced their holdings of 109,824 shares of another platform's stock (approximately 11.46 million dollars) and 90,061 shares of Block stock (approximately 7 million dollars).