Investment firm ARK Invest has strategically redirected its portfolio toward Ethereum-centric opportunities by divesting shares of Coinbase and Roblox to acquire a stake in Ethereum treasury firm Bitmine. The firm sold approximately 218,986 shares of Coinbase and 463,293 shares of… Read More »ARK Invest Shifts Assets to Ethereum Treasury Firm Bitmine in Strategic Pivot
Technology investor Peter Thiel has acquired a 9.1% ownership stake in cryptocurrency miner BitMine Immersion Technologies, purchasing over 5 million shares. The investment triggered a significant market reaction, with BitMine’s stock surging 12.5% in after-hours trading to reach $44.97 per… Read More »Peter Thiel Acquires 9.1% Stake in BitMine Immersion, Sparks 12.5% Stock Surge
BitMine Immersion Technologies’ stock price soared over 1,900% within days, closing at $135 after a remarkable 130% single-day gain. The cryptocurrency miner announced a landmark $250 million private placement with participation from high-profile investors including Peter Thiel’s Founders Fund, Pantera… Read More »BitMine Stock Skyrockets 1,900% Following $250M Private Placement and Ethereum Strategy Shift