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

Key Points

1. ARK Invest purchased over $20 million worth of BitMine shares across three of its ETFs, with ARKK, ARKW, and ARKF acquiring 401,318, 128,048, and 43,487 shares respectively.

2. BitMine is the largest Ether treasury firm with 566,800 ETH, followed by SharpLink Gaming with 360,800 ETH.

3. ARK Invest sold 186,417 shares of Block Inc., 119,090 shares of Robinhood, and 18,204 shares of Coinbase.

4. BitMine's stock dropped nearly 27% on Monday before closing down 11%, while Robinhood shares rose 1.83%, Block dipped 3.11%, and Coinbase shares fell 3%.

5. ARK Invest partnered with SOL Strategies for Solana staking, with SOL Strategies managing over 3.59 million Solana across five validators.