ARK Invest purchases $182 million stake in BitMine Immersion
ARK Invest has acquired a $182 million stake in BitMine Immersion, signaling a bold bet on the future of Bitcoin mining and immersion cooling technology. Cathie Wood’s ARK Invest has made headlines with its latest strategic move, purchasing a significant $182 million stake in BitMine Immersion. This investment highlights ARK’s growing confidence in the future of Bitcoin mining infrastructure, particularly focused on immersion cooling technology to improve energy efficiency and profitability in the sector.
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