Ark Invest Acquires Significant Stakes in Circle and BitMine

Hedge fund Ark Invest, spearheaded by Cathie Wood, has significantly bolstered its investment positions in two cryptocurrency companies: Circle and BitMine. Recent filings reveal that Ark Invest acquired a substantial amount of shares from both entities. It purchased 188,941 shares of Circle, worth approximately $15.54 million. In addition to this, the firm acquired 242,347 shares of BitMine, valued at about $8.84 million. Further purchases included another 177,480 shares of BitMine, for roughly $6.49 million.