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Tag: Bitmine

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Ark Invest Cuts Coinbase Holdings, Channels $175 Million Into Bitmine

In Brief ARK Investment sold 218,986 shares of Coinbase worth around $90.6 million, continuing a series of COIN sales in July. Despite the ongoing sales, ARK remains one of Coinbase’s top 10 holders. ARK also bought 4.4 million shares of Ethereum-focused Bitmine Immersion, aligning with crypto and blockchain growth. ARK Investment Management announced on Monday…
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