Peter Thiel Effect? Cathie Wood Pours $175 Million Into Bitmine Immersion Stock As Founders Fund Backing, Ethereum Spike Fuels Buzz
Ark Invest, led by Cathie Wood, made significant trades on Monday. Notably, the firm increased its stake in Bitmine Immersion Technologies Inc. (NYSE:BMNR) and Advanced Micro Devices Inc. (NASDAQ:AMD) while reducing its holdings in Coinbase Global Inc. (NASDAQ:COIN) and Block Inc. (NYSE:XYZ). These trades reflect Ark’s strategic adjustments amid evolving market conditions.
Benzinga ·