ARK Invest purchased $15.6 million of BitMine Immersion Technologies (BMNR) shares across three ETFs, bringing its total BitMine exposure to over $300 million — a move that reflects ARK’s continued bullish allocation to crypto-related equities and ETH-linked treasury plays.
-
ARK bought $15.6M of BitMine stock across ARKK, ARKW and ARKF on Wednesday.
-
ARK’s BitMine stake now exceeds $300 million, nearly half its Coinbase position.
-
BitMine’s ETH holdings recently reached about $7.5 billion; BMNR is up 490% YTD.
Primary keyword: ARK Invest buys BitMine — ARK invests $15.6M in BMNR; read the latest holdings update and implications. Learn more on COINOTAG.
Published: 2025-08-28 | Updated: 2025-08-28
What did ARK Invest buy in BitMine and why does it matter?
ARK Invest’s latest purchase added $15.6 million of BitMine Immersion Technologies (BMNR) shares, increasing ARK’s total BitMine exposure to over $300 million. The trade underscores ARK’s continued allocation to crypto-related equities and firms holding large Ether treasuries.
How much did each ARK fund purchase and what are the holdings?
ARK Innovation ETF (ARKK) bought 227,569 BMNR shares. ARK Next Generation Internet ETF (ARKW) purchased 70,991 shares. ARK Fintech Innovation ETF (ARKF) acquired 40,553 shares. The combined buy equals $15.6 million added on Wednesday.
How does ARK’s BitMine position compare with its other crypto holdings?
ARK’s BitMine stake now tops $300 million and sits at roughly half the size of its Coinbase position, which stands near $676 million. ARK has also added sizable allocations to Bullish, Robinhood and Block recently, signaling a broad crypto-equity buying pattern.
| Security | Latest buy (approx.) | ARK total holdings (approx.) |
|---|---|---|
| BitMine Immersion (BMNR) | $15.6M | Over $300M |
| Coinbase (COIN) | Sold 5,721 shares last week | ~$676M |
| Bullish | $21.2M | — |
| Robinhood Markets | $16.2M | ~$543M |
| Block | $19.2M | — |
Why might ARK be increasing exposure to BitMine?
BitMine’s value proposition is tied to its ETH treasury holdings, which recently hit about $7.5 billion. ARK’s purchases likely reflect a strategic bet on companies with significant Ether exposure and on broader crypto infrastructure growth.
Frequently Asked Questions
How much did ARK Invest add to BitMine on Aug. 27, 2025?
ARK added approximately $15.6 million of BitMine shares across ARKK, ARKW and ARKF on that date, bringing its cumulative position in BitMine to over $300 million.
Is BitMine a bet on Ether?
Yes. BitMine’s large ETH treasury means equity in the company tracks Ether’s value and staking/treasury strategies, making BMNR exposure a proxy for institutional ETH-related allocation.
Key Takeaways
- Significant buy: ARK added $15.6M of BitMine across three ETFs.
- Large exposure: ARK’s BitMine stake now exceeds $300M, a meaningful crypto-equity position.
- ETH-linked thesis: BitMine’s large ETH treasury positions the stock as an indirect Ether play.
Conclusion
ARK Invest’s latest $15.6 million purchase of BitMine shares reinforces its strategy of allocating to crypto-linked equities and companies with sizable Ether treasuries. Market participants should weigh ARK’s growing BMNR position against its larger Coinbase holding and track operational metrics such as revenue and net margin for confirmation. For ongoing coverage, follow COINOTAG updates.
