Cathie Wood’s ARK Invest recently acquired over $20 million in BitMine Immersion Technologies shares across three of its actively managed ETFs, marking a strategic shift in its crypto portfolio. The ARK Innovation ETF (ARKK) purchased 401,318 BitMine shares, while ARKW and ARKF added 128,048 and 43,487 shares, respectively, totaling 572,853 shares. This move comes after BitMine announced its Ether holdings exceeded $2 billion within a brief period, making it the largest Ether treasury firm. In contrast, ARK trimmed its positions in several crypto-linked stocks, selling around $15 million worth of Block Inc. shares, 119,090 Robinhood shares valued at approximately $12.7 million, and 18,204 Coinbase shares worth nearly $7 million. Following these trades, Robinhood's stock experienced a slight increase, while Block and Coinbase shares dipped. Furthermore, ARK Invest has partnered with SOL Strategies to manage its Digital Assets Revolutions Fund’s validator operations for Solana staking.

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