"Mutou Sister" invests in Ethereum asset management company BitMine

Crypto 7x24

2025-07-23 04:23:04

2278

According to online reports, Ark Investment Management, managed by Cathie Wood, has subscribed for approximately 4.77 million shares of Bitcoin mining company BitMine, worth US$182 million, and will be distributed to three funds. According to a statement from BitMine, the proceeds from the sale will be used to purchase Ethereum. BitMine recently turned to an asset management strategy related to Ethereum.

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