Ark Invest has once again purchased $15.3 million in BitMine shares.

According to news from Hash World, Ark Invest, led by Cathie Wood, has once again purchased $15.3 million worth of shares in BitMine Immersion Technologies through its three ETFs on Tuesday, having already bought $20 million the previous day. Last week, Ark Invest also acquired over 4.77 million shares of BitMine for a total of $182 million. At the same time, the ARKF fund under Ark Invest sold $1.47 million worth of Block Inc. shares. Thomas Lee, chairman of BitMine's board, stated that the company's ETH holdings have surpassed $2 billion and they are moving towards their goal of acquiring and staking 5% of the overall ETH supply. Although BitMine's stock price dropped by 8.86% on Tuesday, it has seen a cumulative increase of 650.29% over the past month.

$ETH #Blockchain # ArkInvest #BitMine # CathieWood #Cryptocurrency