Cathie Wood’s ARK Invest increased investment in BitMine Immersion Technologies (NYSE:BMNR)—a company focused on Ethereum mining and crypto treasury management—and in Bullish (NYSE:BLSH), which operates Bullish Exchange, a digital asset spot and derivatives exchange.
The stakes were acquired across multiple funds, including the ARK Innovation ETF (BATS:ARKK), ARK Next Generation Internet ETF (BATS:ARKW), and ARK Fintech Innovation ETF (BATS:ARKF).
Combined, the three funds added more than 387K shares of BitMine Immersion Technologies (NYSE:BMNR) worth ~$16.27M on September 5, bringing total investment in BMNR to $283.57M An aggregate of ~144K Bullish (NYSE:BLSH) shares worth ~$7.5M were bought on the same day.
In contrast, Ark Invest trimmed its positions in DraftKings (NASDAQ:DKNG), Teradyne (NASDAQ:TER), Roku (NASDAQ:ROKU), Roblox (NYSE:RBLX), and Futu Holdings (NASDAQ:FUTU).
In total, over 122.7K shares of DraftKings (NASDAQ:DKNG) worth ~$5.5M, ~112.5K shares of ROKU (NASDAQ:ROKU) worth ~$10.7M combined from all three funds were sold.
Besides, ~47K shares of Teradyne (NASDAQ:TER) from ARK Innovation ETF (BATS:ARKK) and ~35K combined shares of Roblox (NYSE:RBLX) from ARK Next Generation Internet ETF (BATS:ARKW), and ARK Fintech Innovation ETF (BATS:ARKF) were disposed.