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Cathie Wood $ARKK continues to triple down on $BMNR Bitmine… Bought 4.4M shares last week, 580K ...
283 days agoamitamitisinvesting
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Cathie Wood's ARK Invest is significantly increasing its exposure to Bitcoin miner Bitmine (BMNR), purchasing over 5.4 million shares in the past week. This aggressive accumulation suggests a strategic move to gain leveraged exposure to Ethereum (ETH), indicating a bullish outlook on the cryptocurrency's future performance. Investors might consider researching BMNR as a potential proxy for Ethereum upside.

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