ARK Invest Acquires $182 Million in BMNR Common Stock, Boosting Ethereum Treasury Strategy

BlockBeats News, July 22, according to PR Newswire, BitMine announced today that ARK Invest has acquired 4,773,444 shares of BitMine common stock BMNR, with a total value of 182 million US dollars.

BitMine plans to use all net proceeds (approximately 177 million US dollars) to purchase Ethereum (ETH).