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Cathie Wood Deepens ARK Invest's BMNR Stake with Multi-Million Dollar Acquisition
ARK Invest, the investment powerhouse led by renowned investor Cathie Wood, has significantly boosted its holdings in BMNR through a major market move. On February 3, the firm snapped up 274,358 shares, representing an investment exceeding $6 million. This strategic expansion of Wood's stake in BMNR underscores the firm's confidence in the company's growth potential and aligns with ARK's broader portfolio diversification strategy. The purchase demonstrates Wood's conviction in identifying promising investment opportunities, reinforcing why institutional investors often track her moves in the market.