ARK Invest Acquires $182 Million of BMNR Common Stock to Help BitMine Advance Its Ethereum Treasury Strategy

On July 23, according to PR Newswire, BitMine announced on Tuesday that ARK Invest has acquired 4,773,444 shares of BitMine common stock $BMNR, with a total value of US$182.00 million. BitMine plans to use all net proceeds (approximately US$177.00 million) to purchase Ethereum. [PANews]