Ark Invest has increased its investment in BitMine Immersion Technologies by approximately $4.46 million, while reducing its stake in Robinhood by about $5.13 million. On Monday, Ark Invest acquired 67,700 shares of BitMine through its ARKK ETF, 21,890 shares through ARKW, and 12,360 shares through ARKF. BitMine, known for its Ethereum holdings of around 1.78 million ETH, saw its stock price rise 4.16% to $43.79.
Simultaneously, Ark Invest's ARKW ETF sold 43,728 shares of Robinhood, realizing approximately $5.13 million. Robinhood's stock price surged 15.8% to $117.28, buoyed by its recent inclusion in the S&P 500 index.
Ark Invest Adjusts Portfolio with BitMine and Robinhood Moves
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