Bitmine denies rumors of a large-scale reduction in ARK holdings: It actually increased its holdings by 61,416 shares.

The online rumor that "Cathie Wood's ARK reduced its holdings of BMNR by 5.2 million shares" is incorrect, originating from a Bloomberg terminal error. The latest data has been corrected, showing that ARK Investment Management increased its holdings by 61,416 shares on November 6th.