Ark Invest yesterday purchased $175 million worth of Ethereum treasury company BMNR's stock

By: theblockbeats.news|2025/07/22 03:01:53

BlockBeats News, July 22nd, Cathie Wood's Ark Invest bought 4,421,034 shares of Ethereum treasury company Bitmine Immersion (BMNR) stock on July 21st, worth approximately $175 million.

In addition, Ark Invest sold a total of 218,986 shares of Coinbase stock yesterday, valued at approximately $90.58 million. They also sold 109,824 shares of Robinhood stock (about $11.46 million) and 90,061 shares of Block stock (about $7 million).

A whale sold 8005 ETH about 5 hours ago, equivalent to $30.03 million.A whale is long BTC on both Aave and Hyperliquid, with a total position value of $91 million

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