2025-11-18 22:55:09
Blockchain
Economy

ARK Invest Bets Big on Crypto Amid Market Volatility

ARK Invest, led by Cathie Wood, made significant stock purchases amid a challenging landscape for crypto firms. The firm acquired over $10 million in Bullish, a crypto exchange facing a record low, and further invested $30 million in Circle Internet Group, showcasing confidence in its future despite recent declines.

These moves highlight a strategic approach as the market grapples with uncertainty, particularly regarding Bitcoin's trajectory. While some stocks like MicroStrategy and Bitmine saw recoveries due to a slight uptick in Bitcoin prices, many others, including Tesla and Robinhood, continued to struggle.

This environment reflects a broader volatility in the crypto sector, as investors weigh potential recovery against ongoing market anxieties.

The Street
21. November 2025 um 07:36

Cathie Wood buys $12 million of Peter Thiel backed crypto stock

Cathie Wood's Ark Invest acquired over $12 million worth of Bullish Holdings stock, a crypto-exchange operator backed by Peter Thiel. This investment comes as Wood trimmed positions in Palantir and Roku, which have seen significant price increases this year. The move coincides with a pullback in crypto prices, but Wood remains optimistic about the market's potential, reiterating her $1.5 million to $2.4 million Bitcoin price target by 2030.
The Street
21. November 2025 um 07:35

Cathie Wood buys $30M of sinking crypto stock

Cathie Wood's investment fund, ARK Invest, purchased over $30 million worth of Circle Internet Group shares, despite the company's stock plummeting after its third-quarter earnings report. The purchase was made through three exchange-traded funds (ETFs) and demonstrates Wood's conviction in the stablecoin issuer, which has a prominent USD Coin (USDC) offering. Circle reported revenue and net income increases of 66% and 202% year-over-year, respectively.
Cointelegraph.com News
18. November 2025 um 09:28

ARK Invest scoops $10M in Bullish as it hits record low amid crypto stock rout

ARK Invest purchased $10.2 million worth of shares in crypto exchange Bullish as its stock hit a record low amid a downturn for publicly traded crypto firms. The buying comes ahead of Bullish's third-quarter earnings report and follows a sharp pullback in crypto-linked equities. Other major crypto companies, including Coinbase, Marathon Digital, Riot Platforms, and Circle, also declined significantly on Monday. Experts suggest that the market may be nearing a bottom, with Bitcoin potentially r..
The Street
19. November 2025 um 23:38

Major crypto stocks surge as Bitcoin recovers

Bitcoin prices recovered after falling to a seven-month low of $89,393, lifting some crypto-equities sector stocks, including Strategy (MSTR) and Bitmine (BMNR), which rose 8.05% and 5.33%, respectively. TeraWulf Inc. (WULF) also saw a strong move with an 8.28% gain, driven by its third-quarter earnings. However, not all crypto-exposed equities participated in the recovery, with Robinhood (HOOD), Tesla (TSLA), and Block Inc. (XYZ) trading lower.
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