Cathie Wood’s ARK buys Bitmine and Bullish, sells Roku and DraftKings stock

Published 08/09/2025, 12:40
Cathie Wood’s ARK buys Bitmine and Bullish, sells Roku and DraftKings stock

In the latest trading activity, Cathie Wood’s ARK ETFs have continued their dynamic approach to market movements on Monday, September 8th, 2025. Leading the day’s transactions, ARK aggressively added to its positions in Bitmine Immersion Technologies Inc (BMNR) and Bullish (BLSH), while trimming stakes in several other companies including Roku Inc (ROKU) and DraftKings Inc (DKNG).

ARK’s largest purchase was in Bitmine Immersion Technologies Inc (BMNR), where it acquired a total of 387,325 shares across its ARKK, ARKW, and ARKF ETFs, amounting to a significant $16,283,143 investment. The bullish stance on Bitmine Immersion Technologies Inc (BMNR) reflects ARK’s confidence in the company’s potential for growth.

Following closely, ARK bought 143,906 shares of Bullish (BLSH), with the ETFs ARKK, ARKW, and ARKF contributing to a collective investment worth $7,533,479. This marks a repeated buy for ARK, as the firm has consistently increased its holdings in Bullish over the recent trading days, signaling a strong conviction in the company’s prospects.

On the sell side, ARK divested a total of 112,585 shares of Roku Inc (ROKU), distributing the sales across ARKK, ARKW, and ARKF ETFs. The sale amounted to $10,722,595, making it the most substantial sale of the day. This continues a trend for ARK, which has been reducing its position in Roku Inc (ROKU) over the last week.

Additionally, ARK sold 122,685 shares of DraftKings Inc (DKNG) for a total of $5,712,213, further scaling back its exposure to the online sports betting company. This trade also aligns with a recent pattern of ARK offloading DraftKings shares, suggesting a strategic shift away from the stock.

Smaller sales included 34,709 shares of Teradyne Inc (TER) for $5,615,984, 32,609 shares of Roblox Corp (PRE-REINCORPORATION) (RBLX) for $4,163,843, and a modest sale of 3,470 shares of Futu Holdings Ltd (FUTU) amounting to $649,861.

Investors tracking ARK’s movements will note the continued diversification of the ETFs’ portfolios, with a clear focus on innovative and disruptive technologies. The firm’s latest trades underscore its active management style and willingness to adjust positions swiftly in response to market developments. As always, market participants will be watching closely to see how these strategic moves play out in the weeks to come.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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