Cathie Wood Invests in Ethereum Asset Management Company BitMine

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Planet Daily News: Cathie Wood's Ark Investment Management has subscribed to approximately 4.77 million shares of BitMine, a bitcoin mining company, valued at $182 million, which will be allocated across three funds. According to a statement from BitMine, the proceeds from the sale will be used to purchase Ethereum. BitMine has recently shifted towards an Ethereum-related asset management strategy.

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