BlackRock and ARK Invest increased their holdings in BitMine Immersion Technologies during the first quarter of 2026. These 13F filings, submitted on May 15, 2026, signal institutional support for the company’s crypto strategy.
BlackRock added approximately 2.02 million shares of BMNR. This purchase brings BlackRock's total position to about 11.08 million shares. ARK Invest increased its stake by 240,000 shares.
Both firms simultaneously reduced their positions in other crypto-related companies, including Coinbase. This movement suggests a strategic reallocation of capital within the digital asset sector.