Ark Invest Buys $30.5M Circle Shares as CRCL Stock Price Falls 12%
15 Articles
15 Articles
Ark Invest Buys Circle Stock: A $46M Masterstroke In Crypto Confidence
BitcoinWorld Ark Invest buys Circle stock: A $46M masterstroke in crypto confidence In a bold move that’s shaking up the crypto world, Ark Invest just made headlines by purchasing $46.3 million worth of Circle stock. This strategic acquisition signals growing institutional confidence in the stablecoin ecosystem and marks a significant shift in Ark’s investment approach. Let’s dive into what this means for the broader cryptocurrency market. Why d…
Ark Invest Adds $30M To Circle Shares Amid Price Dip
Ark Invest increased its Circle stake with a $30M purchase during a sharp share decline. Circle’s stock dropped despite Q3 revenue of $740M and a 66% year-over-year increase. Circle advanced its Arc testnet while Ark broadened crypto-related equity exposure. Cathie Wood’s Ark Invest expanded its position in Circle this week, acquiring an additional block of shares as the stablecoin firm’s stock continues to trade near monthly lows. The latest pu…
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