BMNR shares decreased by 7 % as Ark Invest doubles with $ 15.6 million star-news.press/wp

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ARK Invest Cathy Wood continues to flow into an indulgence (BMNR), indicating strong confidence in the strategy of Tom Lee Ethereum. Despite the recent market decreases, bite shares still rise by 490 % on an annual basis, which are supported by strong revenue growth.

ARK Invest Cathie Wood has strengthened her confidence in the Batnary point indulgence techniques (BMNR) by obtaining additional shares of $ 15.6 million, which prompted its total investment in the company to more than $ 300 million.

According to Tom Lee tracksOn August 27, Tabot It has been purchased A total of 339,113 shares BMNR across three of the traded investment funds.

The collapse includes 227,569 shares through ARK Innovation ETF (ARKK), 70,991 shares via ARK Generation Internet ETF (ARKW), and 40,553 shares through ARK FINTIch Innovation ETF (ARKF).

This happened even as the arrow decreased by 7.85 %, indicating the increasing belief in the strategy of Tom Lee Ethereum (ETH).

Ark Invest Cathie Wood doubles on BMNR

Well, Wood initially started the accumulation of BMNR shares in late July, coinciding with the aggressive ETHEREUM accumulation strategy of Tom Lee.

At the time of the press, the current property of ARK Invest in BMNR has reached nearly half of its location in Coinbase, as the company maintains approximately $ 676 million in stocks, even after selling 5,721 currency shares.

This fixed accumulation reflects the ARK appetite for points.

On July 21, the company took a big step by purchasing BMNR shares worth $ 174 million through three investment funds circulating in one day, followed by an additional acquisition of $ 17 million on August 2.

This aggressive purchase highlights the ups of ARK on the ETHEREUM companies, especially with the recent Eth’s BitMine’s holdings to $ 7.5 billion.

Expos for encryption from ARK Invest

In addition to its investments in indulging techniques, the Ark Invest has steadily increased its exposure to other encryption stocks.

Over the course of last week, the company added $ 21.2 million of upward stocks and $ 16.2 million from RobinHood market shares on August 20, up to the total Robinhood’s possessions to about $ 543 million through its money.

Earlier this month, ARK also bought a $ 19.2 million block shares, reflecting a previously reduced discount.

These moves reflect the broader ARK strategy of supporting sabotage technologies, with a strong focus on Blockchain, artificial intelligence, and technological innovation.

Deta shares and the trend of the encryption market

However, despite these moves, the BMNR arrow ended at $ 46.03, a decrease of 7.85 %, and was closed after hours at $ 45.01, a decrease of 2.22 %, according to what it said. Google Financing.

However, if it is displayed from the broader image, the arrow is still 490 % for this year, thanks to TIt is the basics of the company that supports this growth.

For the quarter ending in May, BitMine recorded revenues of $ 2.05 million, an increase of 67.5 % over the previous year, while its net profit increased by 43 %.

This indicates that Tom Lee, often compared to Michael Silor within the Ethereum community, placed a large portion in Ethari.

The continuous ARK Invest’s constant accumulation of BMNR shares, even during market declines, indicates strong confidence in both the Lee strategy and the broader capabilities of the treasury companies that focus on Ethereum.