ARK Invest acquires $182 million worth of BMNR common stock to help advance Ethereum treasury strategy

BlockBeats News: On July 22nd, according to PR Newswire, BitMine announced today that ARK Invest has acquired 4773444 shares of BitMine common stock BMNR for a total value of $182 million. BitMine plans to use all net proceeds (approximately $177 million) to purchase Ethereum (ETH).