Cathie Wood Shifts Strategy: Offloads Robinhood Shares While Increasing Investment in Bitmine Immersion Amid Eightco Hype
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: benzinga_crypto
Updated: Sep 09 2025Ark Invest's Purchases: Ark Invest, led by Cathie Wood, made significant acquisitions of Bitmine Immersion Technologies shares across multiple ETFs, totaling approximately $4.5 million, as the company gains attention in the cryptocurrency sector.
Robinhood's Market Activity: Ark Invest sold a substantial number of Robinhood shares valued at around $5.1 million, coinciding with a 15.8% surge in Robinhood's stock after its inclusion in the S&P 500, which is expected to enhance its visibility among investors.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
