ARK Invest adds $20M in BitMine, trims Coinbase, Block, Robinhood holdings

ARK Invest adds $20M in BitMine, trims Coinbase, Block, Robinhood holdings

ARK Invest boosted its BitMine Immersion Technologies stake by $20 million, acquiring 572,853 shares across three ETFs, following BitMine’s $2 billion Ether holdings milestone. ARK trimmed holdings in Coinbase ($7 million), Block ($15 million), and Robinhood ($12.7 million). BitMine’s stock fell 11.78%, while ARK partnered with SOL Strategies for Solana staking.