ARK Invest Reduces Tesla Stake, Boosts Ether-Focused BitMine Holdings
The post ARK Invest Reduces Tesla Stake, Boosts Ether-Focused BitMine Holdings appeared com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process-not noise. 👉 Sign up → ARK Invest, led by Cathie Wood, sold $30 million in Tesla shares to pivot toward crypto assets, including a $2 million stake in BitMine Immersion Technologies. This move highlights growing interest in Ethereum treasury strategies amid market shifts. Key Shift: ARK sold 71, 638 Tesla shares across its ETFs, valued at $30 million, despite long-term holdings. Investment Focus: Acquired 48, 454 shares in BitMine for $2 million through multiple ETFs, signaling crypto enthusiasm. Market Impact: BitMine shares rose 7. 65% post-investment, up 415% year-to-date, per Google Finance data. Discover how Cathie Wood’s ARK Invest is reallocating from Tesla to BitMine in 2025 crypto trends. Explore implications for Ethereum strategies and investor shifts-read now for expert insights on ARK Invest BitMine moves. What is ARK Invest’s Latest Move with BitMine and Tesla Shares? ARK Invest BitMine investment marks a strategic pivot by Cathie Wood’s firm, selling approximately $30 million in Tesla shares while acquiring a stake in BitMine Immersion Technologies. This transaction involved offloading 71, 638 Tesla shares across flagship ETFs like ARK Innovation and ARK Next Generation Internet, based on ARK’s daily disclosures.