The post ARK Invest Acquires $4.46M in BitMine Shares, Sells Robinhood appeared on BitcoinEthereumNews.com. Key Points: Ark Invest buys BitMine shares, sells Robinhood, shifting market dynamics. BitMine aims for 5% of Ethereum’s supply amid strategic ETH accumulation. Market reactions and price shifts highlight investor and industry interest. Ark Invest, led by Cathie Wood, purchased approximately $4.46 million worth of BitMine Immersion Technologies shares across its ETFs on September 8, boosting market interest in Ethereum treasury strategies. This acquisition signals institutional confidence in Ethereum, positioning BitMine as a major public holder and influencing market dynamics amid corporate interest in Ethereum. Ark Invest’s $4.46M BitMine Purchase and $5.13M Robinhood Sale Ark Invest has made a notable investment in BitMine Immersion Technologies, acquiring approximately $4.46 million in shares through its three ETFs. Led by Cathie Wood, the investment was announced on September 8, 2025. In an interesting parallel move, Ark Invest divested approximately $5.13 million worth of Robinhood shares, just as the stock recently got added to the S&P 500 index. While BitMine’s stock price increased by 4.16% to $43.79, Robinhood’s shares surged by 15.8% to $117.28 post its S&P 500 inclusion. The market regards BitMine as a significant player due to its aggressive initiative to acquire 5% of Ethereum’s circulating supply. Cathie Wood, Founder and CEO, ARK Invest, – “Our investment in BitMine Immersion Technologies represents our confidence in their strategic focus on Ethereum accumulation, which we believe will play a pivotal role in the future of digital assets.” Industry experts have taken note of BitMine’s strategic pivot from bitcoin mining to serve as an Ethereum treasury. Observers attribute its appeal to substantial institutional backing. Reports highlight no direct commentary from prominent figures like Tom Lee or Cathie Wood but note rising interest among key stakeholders. BitMine Targets 5% of Ethereum, Driving Market Interest Did you know? Ark Invest’s transaction proceeds mirror their August 2022 strategy,… The post ARK Invest Acquires $4.46M in BitMine Shares, Sells Robinhood appeared on BitcoinEthereumNews.com. Key Points: Ark Invest buys BitMine shares, sells Robinhood, shifting market dynamics. BitMine aims for 5% of Ethereum’s supply amid strategic ETH accumulation. Market reactions and price shifts highlight investor and industry interest. Ark Invest, led by Cathie Wood, purchased approximately $4.46 million worth of BitMine Immersion Technologies shares across its ETFs on September 8, boosting market interest in Ethereum treasury strategies. This acquisition signals institutional confidence in Ethereum, positioning BitMine as a major public holder and influencing market dynamics amid corporate interest in Ethereum. Ark Invest’s $4.46M BitMine Purchase and $5.13M Robinhood Sale Ark Invest has made a notable investment in BitMine Immersion Technologies, acquiring approximately $4.46 million in shares through its three ETFs. Led by Cathie Wood, the investment was announced on September 8, 2025. In an interesting parallel move, Ark Invest divested approximately $5.13 million worth of Robinhood shares, just as the stock recently got added to the S&P 500 index. While BitMine’s stock price increased by 4.16% to $43.79, Robinhood’s shares surged by 15.8% to $117.28 post its S&P 500 inclusion. The market regards BitMine as a significant player due to its aggressive initiative to acquire 5% of Ethereum’s circulating supply. Cathie Wood, Founder and CEO, ARK Invest, – “Our investment in BitMine Immersion Technologies represents our confidence in their strategic focus on Ethereum accumulation, which we believe will play a pivotal role in the future of digital assets.” Industry experts have taken note of BitMine’s strategic pivot from bitcoin mining to serve as an Ethereum treasury. Observers attribute its appeal to substantial institutional backing. Reports highlight no direct commentary from prominent figures like Tom Lee or Cathie Wood but note rising interest among key stakeholders. BitMine Targets 5% of Ethereum, Driving Market Interest Did you know? Ark Invest’s transaction proceeds mirror their August 2022 strategy,…

                                                                               ETHZilla CEO McAndrew Rudisill said the company’s strategy is to deploy Ether on the Ethereum network through layer-2 protocols and tokenizing real-world assets.                     Ether treasury company ETHZilla is looking to raise another $350 million through new convertible bonds, with funds marked for more Ether purchases and generating yield through investments in the ecosystem. ETHZilla chairman and CEO McAndrew Rudisill said on Monday that the company’s strategy is to deploy Ether (ETH) in “cash-flowing assets” on the Ethereum network through layer-2 protocols and tokenizing real-world assets. A growing number of digital asset companies are moving past simply holding crypto and looking to generate yields through active participation in the ecosystem, which crypto executives told Cointelegraph in August, could help spark a DeFi Summer 2.0.Read more