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Cathie Wood called Bitcoin's<a href="https://yellow.com/asset/btc" rel="noopener noreferrer nofollow">(BTC)</a> roughly <a href="https://yellow.com/news/bitcoin-bear-market-outpaces-2022-decline-rate" rel="noopener noreferrer nofollow">50% decline from its October all-time high</a> a sign of market maturation rather than weakness, arguing that the era of 85%-to-95% drawdowns is over for the largest cryptocurrency.
<h2 id="wood-s-btc-outlook">Wood's BTC Outlook</h2>
The ARK Investment Management chief executive <a href="https://x.com/BitcoinMagazine/status/2040052903264600080" rel="noopener noreferrer nofollow">appeared</a> on CNBC's Squawk Box to address the current downturn. Bitcoin hit a record $126,080 on Oct. 6 before falling about 47% to roughly $67,000.
Wood framed the scale of the drop as progress. She said collapses of 85% or more are unlikely to return, calling Bitcoin a "proven technology" and a "new asset class."
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 Her firm was among the first publicly listed asset managers to gain BTC exposure back in 2015.
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ARK Invest continues to actively trade shares of crypto-linked companies, including Coinbase, Robinhood Markets, Block, Circle Internet Group, Bitmine Immersion Technologies and Bullish.
Wood said that if losses hold near 50% of the peak value, the Bitcoin community would view the current correction as a "real victory."
Also Read:<a href="https://yellow.com/news/dogecoin-drops-below-0-089" rel="noopener noreferrer nofollow">Dogecoin Drops Below $0.089 On Bearish Signals</a>
<h2 id="btc-treasury-sell-off">BTC Treasury Sell-Off</h2>
The price decline has forced a growing number of public companies and sovereign entities to unwind their BTC treasuries. Firms that once championed long-term holding are now selling to manage liquidity, repay debt and fund strategic pivots.
Marathon Digital sold over 15,000 BTC for $1.1 billion to cut debt. Genius Group fully exited its position.
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 <a href="https://yellow.com/news/riot-sells-bitcoin-ai-strategy" rel="noopener noreferrer nofollow">Riot Platforms has been offloading Bitcoin</a> as it shifts focus toward AI and high-performance computing infrastructure.
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Empery Digital sold part of its holdings to repay loans, while Nakamoto Holdings liquidated a smaller portion to support operations. Bhutan has also been reducing its state-backed Bitcoin reserves after previously accumulating through mining.
Read Next:<a href="https://yellow.com/news/riot-sells-bitcoin-ai-strategy" rel="noopener noreferrer nofollow">Riot Offloads 500 Bitcoin As Miners Eye AI Revenue</a>

Cathie Wood Sees Victory In Bitcoin's 47% Plunge As Market Beats Past Cycles

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