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Ark Invest Purchases 339K Shares of BitMine Immersion ($BMNR)
Ark Invest Purchases 339K Shares of BitMine Immersion ($BMNR)
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BTCCSquare news:
Cathie Wood's Ark Invest has acquired 339,000 shares of BitMine Immersion ($BMNR), signaling continued institutional interest in cryptocurrency-related equities. The MOVE aligns with Wood's bullish stance on digital asset infrastructure plays.
While $BMNR itself isn't a cryptocurrency, the investment reflects growing confidence in companies supporting blockchain operations. The purchase comes amid heightened volatility across crypto markets, with institutional investors increasingly positioning for long-term growth.
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