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BTCC / BTCC Square / Global Cryptocurrency /
Ark Invest Shifts Portfolio with $20M BitMine Purchase and $15M Block Inc. Sale

Ark Invest Shifts Portfolio with $20M BitMine Purchase and $15M Block Inc. Sale

Author:
Global Cryptocurrency
Published:
2025-07-29 05:25:02
9
1
BTCCSquare news:

Ark Invest has made a significant $20 million investment in BitMine shares, reinforcing its commitment to cryptocurrency-focused ventures. The MOVE aligns with BitMine's Ether treasury strategy and follows last week's $182 million allocation, underscoring institutional confidence in blockchain-based financial models.

Concurrently, Ark divested $15 million worth of Block Inc. shares as part of a broader portfolio realignment. The firm also reduced positions in Robinhood and Coinbase, signaling a strategic rebalancing between established fintech players and emerging crypto infrastructure opportunities.

|Square

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