Ark Invest by Cathie Wood is cementing its feet in the crypto market by boosting its investment in companies primarily focused on digital assets. As per the most recent information the Ark Invest has bought 339,113 shares of Bitmine Immersion Technologies.
On August 28, 2025, an X post by Ark Invest Tracker notes that ARKK has 227,569 shares of Bitmine Immersion, ARKW has 70,991 shares, and ARKF holds 40,553 shares.
With the recent buy of $15.6 million of Bitmine Immersion’s ARK’s total investment in the company’s shares has exceeded $300 million, helping it join the list with massive investment.
After Bitcoin gained traction as the primary treasury reserve, Ethereum buying among institutions became popular for the establishment of the Ethereum treasury, and in terms of the highest number of ETH held, Bitmine Immersion stands at the top with 1,713,899 Ether held, followed by SharpLink Gaming, which has 797,704 ETH.
In total, there are 11 companies that opted for Ethereum as a treasury reserve asset, and the total ETH held is 3,041,192, making 2.52% treasury ETH dominance.
A quick overview of Bitmine Immersion stock
According to the data, Bitmine Immersion stock is now priced at $45.57 with a loss of 1.00% in the last trading session, yet in the pre-market session, the price is seen with a decline of 1.73% reaching $44.82.
When writing, it is trading below the 20-day EMA and the 50-day EMA, but at the same time, it is priced above the 100-day and 200-day EMA.
Bitmine Immersion stock is down by 8.87% the weekly time frame, yet grew by 41.08% in a month, 279% in a quarter, and 709.64% in the past six months.
It is worth noting that 157.60 million Bitmine shares are free floating, and around 15.89 million shares are closely held.
Yet in terms of finance, BitMine remained slow as it reported $1.20 million in revenue in Q1, 2025, with a net income of negative $947.74k, and the net margin was negative 81.17%.
In Q2, the revenue was $1.52 million with a net income of negative $1.16 million, and the net margin was negative 76.24%. In Q3, the revenue peaked above $2 million at $2.05 million with a net income of negative $622.76k and a net margin of negative 30.35%.
Bitmine’s debt in the most recent quarter was $1.88 million, free cash flow was $1.68 million, and cash & equivalents were $1.48 million. The recorded market capitalization as of press time is $7.91 billion, and trading volume is 37.73 million.
