ARK Invest Buys Crypto Stocks on Dip
Update: 2025-12-18
Description
ARK Invest, led by Cathie Wood, capitalized on the crypto market downturn by investing over $25 million in crypto-related stocks, including Bitmine Immersion Technologies, Bullish, and Coinbase. Despite a brief surge in Bitcoins value, the broader crypto market experienced a decline, with Bitcoin hovering around $86,000. ARKs consistent buying strategy reflects their long-term optimism towards the digital asset space.
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