Wood Sister Invests in Ethereum Asset Management Company BitMine

By: odaily.com|2025/07/22 21:51:40

Odaily News Ark Investment Management, managed by Cathie Wood, has subscribed to approximately 4.77 million shares of Bitcoin mining company BitMine, worth $182 million, which will be allocated to three funds. According to a statement from BitMine, the proceeds from the sale will be used to purchase Ethereum. BitMine has recently turned to asset management strategies related to Ethereum.

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