Ark Invest Raises BitMine Holdings to $267 Million

Cathie Wood’s Ark Invest increased its holdings in BitMine Immersion stocks to $267 million across ARKK, ARKW, and ARKF as of September 6, 2025.

The move underscores Ark’s bullish stance on Ethereum infrastructure, cementing BitMine’s position as the largest public Ethereum holder, influencing market sentiment and institutional investment trends.

Ark Invest Bolsters Ethereum Strategy with $267M Investment

Ark Invest’s substantial increase in BitMine Immersion stock signifies notable confidence in Ethereum-related infrastructure. Cathie Wood’s strategic move involved acquiring 388,045 shares, as confirmed by BitMine Chairman Tom Lee. He announced this acquisition on September 5 via a public statement on X, emphasizing Ark’s enthusiasm for Ethereum treasury exposure.

The action reflects strategic interest in Ethereum, as BitMine Immersion ranks among the world’s largest public ETH holders. With Ark ETF allocations surpassing $267 million, including significant holdings in ARKK and ARKF, interest in digital asset stocks is evident.

Ark Invest, led by Cathie Wood, has increased its holdings by acquiring 388,045 shares of BMNR stock on September 5. — Tom Lee, Chairman, BitMine

While direct comments from major figures are pending, prominent investors like Bill Miller III endorse similar institutional movements. Such endorsements underscore the growing support for crypto treasuries, potentially influencing market sentiments.

Ethereum’s Rising Role in Corporate Treasury Strategies

Did you know? Ark Invest’s recent commitment mirrors strategies reminiscent of MicroStrategy’s approach to Bitcoin, signaling a shift in corporate treasury management trends toward digital assets.

Ethereum (ETH), at $4,277.84 per token, exhibits a market cap of $516.36 billion according to CoinMarketCap. Despite a 1.71% daily rise, its 7-day figure shows a decline of 4.61%. Over 90 days, ETH witnessed a 66.66% increase, affirming its volatile market behavior.

Coincu’s research suggests Ark’s actions may yield long-term institutional interest and boost regulatory dialogues about crypto investments. Ethereum’s prominence as a treasury asset positions it as a consequential focus in public market strategies.