Cathie Wood’s Ark Boosts Positions in Bitmine (BMNR) and CoreWeave (CRWV), Increasing Crypto–AI Exposure

Published: 2025-12-16 11:47:59 |

Ark Invest, led by Cathie Wood, increased holdings in crypto- and AI-linked equities on Dec. 16, 2025. The firm purchased 550,404 shares of Bitmine Immersion Technologies (BMNR) across multiple Ark ETFs including ARKK and ARKW, and added to its position in CoreWeave (CRWV). The trades form part of Ark’s thematic allocation to crypto mining and GPU-accelerated AI infrastructure, reflecting a ‘buy the dip’ stance amid recent market volatility. For traders, primary takeaways are: increased institutional demand for BMNR and CRWV could exert short-term upward pressure on their share prices; Ark’s ETF-driven purchases may attract momentum and ETF-related flows; and the moves reaffirm Ark’s conviction in crypto-mining and AI-capacity providers despite recent sell-offs. Primary keywords: Ark Invest, Bitmine, CoreWeave, crypto mining, AI infrastructure. Secondary keywords: Cathie Wood, ARKK, ARKW, buy the dip, institutional buying.

Bullish

Ark’s sizable purchases — notably 550,404 BMNR shares routed through major ETFs like ARKK and ARKW, plus added exposure to CRWV — signal institutional accumulation in niche crypto-mining and AI-infrastructure equities. In the short term, these flows can create measurable upward price pressure via direct buying and by attracting momentum traders and ETF-related inflows. ETF routing amplifies impact because purchases may cause additional rebalancing and attract retail/quant flows. Over the medium to long term, the effect depends on fundamentals: sustained institutional conviction and improving revenue/profitability at Bitmine and CoreWeave would support continued gains, while negative operational results or broader crypto-market declines could reverse the move. Overall, the news is bullish for the equities mentioned due to demand-driven price support and potential follow-on flows, but traders should watch liquidity, earnings, and sector-specific risks (mining margins, GPU supply/demand, regulatory shifts) that could moderate or negate gains.