Cathie Wood’s ARK Invest has acquired 240,507 shares in BitMine Immersion (BMNR), a publicly traded company led by Thomas “Tom” Lee and focused on building an Ethereum-centered treasury model.
The acquisition, distributed among various ARK exchange-traded funds, underscores the investment firm’s growing conviction in Ethereum’s role as a corporate treasury asset. ARK Invest has repeatedly increased its BMNR holdings this year, showing long-term confidence in blockchain-driven corporate balance sheets.
BitMine Immersion, under Lee’s guidance, continues to position itself as a specialized Ethereum treasury company. The move also reflects ARK’s broader strategy of investing in disruptive technologies that are reshaping finance.
With many companies exploring the use of ETH as a reserve asset, ARK’s growing interest signals a new era of blockchain integration into traditional corporate finance.
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