
Cathie Wood Buys $72 Million Of Crypto Stocks As Prices Crash

I'm PortAI, I can summarize articles.
Cathie Wood's ARK Invest has purchased $72 million in cryptocurrency stocks as Bitcoin prices fell below $75,000. The acquisitions include shares of Robinhood, Coinbase, Circle, Bitmine Immersion Technologies, and Block, spread across various ETFs. The largest purchases were $32.7 million in Robinhood and $9.4 million in Circle. This strategy aligns with ARK's goal of capitalizing on market volatility. Bitcoin's price has decreased by 16% over the past year, currently trading at $78,300.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

