Cathie Wood's Ark Invest Sells Bitmine While Adding to Coinbase and Circle Holdings
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4 Articles
Key points of the News Ark Invest reduced its exposure to Bitmine, Robinhood, Block and Bullish as it continued to increase its positions in Coinbase and Circle. Portfolio changes reflect an active investment strategy and not a general departure from the digital asset market. During the last three trading days, Ark accumulated approximately $43.5 million in Coinbase and Circle shares, demonstrating its confidence in the regulated infrastructure …
Ark Invest sells $4.4 million in crypto stocks, adds $43.5 m
🚨 Ark Invest sold $4.4 million in crypto stocks after sharp price drops. 💸 The firm recently bought $43.5 million in Coinbase and Circle shares. 📉 Robinhood’s crypto revenue plummeted nearly 40% as activity slowed. 🧑💼 Cathie Wood’s $ARK portfolio conti...
Ark Invest Dumps Bitmine, Block and Bullish Shares to Buy More SpaceX
Key highlights:Ark Invest added $14.5 million worth of SpaceXThe firm sold multiple crypto shares to fund the purchaseThe latest trades follow a similar portfolio rebalance just yesterdayAn ARK researcher said the crypto industry could see more shutdownsCathie Wood’s Ark Invest bought $14.5 million worth of SpaceX shares on Wednesday after selling holdings in Bitmine, Block, and Bullish. The move comes just one day after the investment firm made…
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