Cathie Wood’s Ark Invest buys more Bitmine, Bullish shares, doubling down on crypto dip

ARK Invest intensifies crypto stock purchases amid market downturn

Cathie Wood, CEO of ARK Invest, has continued her aggressive buying strategy in crypto-linked stocks as Bitcoin prices have declined. Her fund has doubled down on key holdings, including BitMine, Bullish, and Circle, amid a broader downturn in digital asset prices.

Key holdings include BitMine and Bullish

• ARK Invest has added more than $39 million in crypto-related equities, including BitMine and Bullish.
• Recent purchases include over $44 million in crypto-linked equities, such as BitMine, Robinhood, and Circle.
• The fund’s buying spree occurred as Bitcoin dipped below $80,000 and crypto-linked stocks faced pressure.

Market context and sentiment

Bitcoin has slid to its lowest price since 2024, with weak risk appetite and deleveraging contributing to the downturn. Despite the negative sentiment, Cathie Wood remains confident in a potential rebound of crypto stocks.

ARK Invest’s strategy reflects a broader trend of investors betting on a recovery in digital asset markets, even as prices face short-term volatility.

來源：https://www.theblock.co/post/389821/ark-invest-buys-more-bitmine-bullish