Extreme Investor Network

Cathie Wood Buys the Dip in Bitcoin Fund as Discount Hits Record

November 15, 2022

Chart of bitcoin's price over the past week shows the scope of Friday's sudden burst upward. (CoinDesk)

(Bloomberg) — The Grayscale Bitcoin Trust’s record discount to assets has finally got too much for Cathie Wood to ignore. Ark Investment Management snapped up more than 315,000 shares worth roughly $2.8 million of the … Read more

Is Bitcoin Finally Bottoming? Maybe, ARK Investment Says

October 5, 2022

Bitcoin showed signs of bottoming in September, analysis from ARK Investment’s Bitcoin Monthly report shows. The investment firm led by Cathie Wood releases monthly updates on the cryptocurrency space. Last month, Bitcoin found resistance at … Read more