Bitmine Immersion Technologies has been observed that his spare fell by almost 8% this week, but this did not stop Cathie Wood’s Ark Invest From pouring another 15.6 million dollars to the company.

The latest movement appears during the period of increased variability on both stock markets and cryptographic.

ARK expands its shares

According to ARKA commercial disclosure, on August 27, the company bought 339,113 Bitmine shares spread over three ETFs.

ETF ARK Innovation acquired 227,569 shares worth just over USD 10 million, while the ETF from the fresh generation Internet added 70,991 shares worth USD 3.27 million.

Fintech Innovation ETF bought another 40,553 shares for USD 1.87 million. Despite this fresh purchase round, Bitmine shares He ended the day to USD 46 before he moved by 7.80% in extended trade.

Cathie Wood and Ark Invest bought 339 113 Actions Tom Lee $ BMNR Today pic.twitter.com/g9sqy02rdg

– Tom Lee Tracker (@Tomleetracker) August 28, 2025

The Ethereum strategy draws the institutional attention

Bitmine outor from Mining Bitcoin to a treasury focused on Ethereum this summer transformed the company into the main corporate player in Crypto.

The balance currently has 1,714,000 ETH worth about $ 8.20 billion, along with 192 Bitcoins and $ 562 million in cash.

This makes Bitmine the world’s largest corporate owner Ethereum. The billionaire investor, Peter Thiel, also took 9% of shares, which increasing the rapid growth of the company.

According to the latest data, the company’s strategy fueled acute price movements in its actions. After growing by over 3000% to a record level of USD 135 at the beginning of July, the shares remain over 400% from year to day despite the last withdrawal.

Massive Capital Offer Fuel Extension

Reports revealed that Bitmine has radically expanded its plans to raise funds. On August 12, the company submitted a request to boost the capital offer from $ 2 billion to $ 24.5 billion, which is a movement led by Cantor Fitzgerald and Thinkequity.

Observers say that fresh funds will give Bitmine more fire to build their Ethereum position. Analysts anticipated forceful profits for Ethereum, anticipating USD 5,500 in the near future and even USD 12,000 at the end of the year.

If these goals materialize and Bitmine pushes its destination 5%, the company may one day a rival Strategy of Michael Saylor on a scale.

Novel corporate master for Ethereum?

The reaction in social media was quickly developed by Bitmine as the Ethereum version Strategy – corporate vehicle for institutional exposure to an asset.

The growing Ark position, exceeding $ 200 million this summer, only strengthens this concept. However, the risk is equally perceptible.

Bitmine share prices swings emphasize how concentrated plants can move rapidly, even with billions of dollars in the balance sheet.

A highlighted picture with a finish, a chart from TradingView