ARK Investment Management Adds $4M in Bitmine Immersion Technologies, Inc. ($BMNR)
Key Points
- ARK Investment Management changed its Bitmine Immersion Technologies, Inc. ($BMNR) stake by 2.6% last quarter, boosting to 9,699,165 shares worth $156.25 million.
- $BMNR last traded around $16.11.
ARK Investment Management increased its position in Bitmine Immersion Technologies, Inc. ($BMNR) by 2.6% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,699,165 shares of Bitmine Immersion Technologies, Inc. after buying 241,835 shares during the quarter. ARK Investment Management's holdings in Bitmine Immersion Technologies, Inc. were worth $156.25 million as of its most recent filing.
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About Bitmine Immersion Technologies, Inc.
Bitmine Immersion Technologies, Inc. operates as a blockchain technology company primarily in the United States. The company engages in ETH treasury operations; BTC ecosystem services, including consulting and advisory engagements and equipment leasing; facilitation and optimization of third-party power and hosting arrangements; and disciplined BTC treasury management while winding down proprietary self-mining exposure and deferring new site buildouts. It also offers digital asset ecosystem services, including consulting/advisory, and disciplined digital asset treasury management. In addition, the company sells mining equipment to customers and related parties. The company was formerly known as Sandy Springs Holdings Inc. Bitmine Immersion Technologies, Inc. was incorporated in 2019 and is based in Las Vegas, Nevada.
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