Overview

• ARK Invest purchased 101,950 BitMine Immersion shares across ARKK, ARKW, and ARKF, a trade valued at roughly $4.3–$4.5 million.
• BitMine disclosed its Ethereum treasury has exceeded 2 million ETH, worth about $8.9 billion, making it the largest corporate ETH holder at roughly 1.7% of supply.
• Following the disclosure and ARK’s buys, BitMine shares rose about 4% on the day and remain up roughly 460% year to date.
• ARK Invest’s total BitMine position is reported near 6.7 million shares, worth about $284 million across its funds.
• ARK’s rebalancing included selling about 43,728 Robinhood shares for approximately $5.1 million after the stock’s S&P 500 inclusion-driven surge.