Ark Invest Purchases
$BTC-Related Stocks During Monday Decline
Cathie Wood's Ark Invest acquired millions of dollars in shares across multiple crypto-related companies on Monday as these equities experienced notable price drops.
The firm purchased $17 million worth of BitMine shares, $16.26 million in
$COIN shares, and $10.8 million in Circle Internet Group stock across three exchange-traded funds. ARKK, ARKW, and ARKF were used for the transactions.
Additional purchases included $5.94 million in Block Inc., $5.2 million in Bullish crypto exchange shares, and
$1.24 million in Ark-21Shares Bitcoin ETF. All six items declined on Monday during the buying activity.
#BitMine, the world's largest #Ethereum treasury company, fell 11.22% to close at $30.95. Coinbase dropped 6.37% to $250.42, while Circle dipped 9.60% to $75.46.
