In a dramatic move that sent shockwaves through the crypto market, BitMine Immersion (BMNR) surged 7.5% on July 30, 2025, as ARK Invest made a strategic $2.37B Ethereum bet. This bold pivot signals a major shift in institutional crypto investment strategies.
Why ARK Invest’s Ethereum Stake Matters
ARK Invest’s decision to boost its Ethereum holdings through BitMine Immersion represents a calculated bet on ETH’s long-term potential. The investment firm added 477,498 BMNR shares worth $15.2 million across three funds while reducing exposure to Bitcoin-focused assets.
Crypto Market Dynamics: Ethereum Outperforms Bitcoin
- Ethereum’s 7-day gain: +3.18% vs Bitcoin’s -0.09%
- Year-to-date performance: ETH +53.6% vs BTC +9.8%
- BitMine’s Ethereum treasury now valued at $2.37B
Strategic Shift in Crypto Investments
ARK Invest’s chairman highlighted Ethereum’s technical advantages and growing institutional adoption as key factors in their decision. This move aligns with BitMine’s transition from Bitcoin to Ethereum as a core holding, validating the company’s strategic pivot.
Market Impact and Trading Strategies
The volume-driven trading strategy focusing on high-liquidity stocks like BMNR has delivered 166.71% returns since 2022, significantly outperforming the benchmark’s 29.18% gain. This approach demonstrates the power of capitalizing on short-term market sentiment in volatile crypto assets.
FAQs
Why did BitMine Immersion’s stock rise 7.5%?
The surge followed ARK Invest’s significant investment and the company’s $1 billion buyback announcement.
How much Ethereum does ARK Invest now hold through BitMine?
ARK Invest’s stake in BitMine’s Ethereum treasury is now valued at $2.37 billion.
What’s driving Ethereum’s outperformance against Bitcoin?
Ethereum’s stronger technical fundamentals and growing institutional adoption are key factors.
How has ARK Invest’s crypto strategy changed?
The firm is shifting from Bitcoin-focused investments to greater Ethereum exposure through vehicles like BitMine Immersion.