Tag: ark investment managment

Oct 12 2021

Cathie Wood's Ark Invest Sold Over 98,000 Coinbase Shares

On Monday, famous investor Cathie Wood’s eye-catching fund sold over 98,000 shares of Coinbase.Yesterday as Bitcoin was approaching $58,000, Cathie Wood’s Ark Invest completed the sale of 98,427 shares of Coinbase worth over $25 million, Business Insider reported....

Sep 14 2021

Ark Invest CEO Cathie Wood Predicts $500,000 Bitcoin Price By 2026

Ark Invest CEO Cathie Wood said she expects Bitcoin to soar to $500,000 in five years time during an interview at the SALT Conference on Monday.Ark Invest CEO Cathie Wood said she expects Bitcoin to soar to $500,000 in five years time during an interview with CNBC anchor Andrew Ross Sorkin at the SALT Conference in New York City on Monday.During...

Sep 13 2021

Cathie Wood’s ARK Resorts To Canadian Bitcoin ETFs As The SEC Delays Applications In The US

The fund updated its prospectus and can now invest in Canadian bitcoin ETFs while the SEC doesn't approve one in the U.S.A new supplement filing with the U.S. Securities and Exchange Commission (SEC) shows that Cathie Wood's ARK Investment Management has given itself clearance to purchase Canadian bitcoin...

Jul 21 2021

Elon Musk Discusses Merits Of Bitcoin, Reveals SpaceX Holds BTC

Tesla CEO Elon Musk discussed his bitcoin investments and outlook in a live stream with Twitter CEO Jack Dorsey, ARK Invest’s Cathie Wood.Billionaire Tesla CEO Elon Musk discussed Bitcoin during a live-streamed session of The ₿ Word event, saying that he supports and holds the original cryptocurrency, as does his aerospace company SpaceX.“[Bitcoin] has an open ledger, which is quite good....

Jun 01 2021

The Institutional Landscape For Bitcoin With Cathie Wood And Anthony Scaramucci

In this Bitcoin Magazine Podcast episode, Cathie Wood and Anthony Scaramucci discuss the current macroeconomic backdrop of Bitcoin.This podcast episode was inspired by the Bitcoin 2021 conference in Miami on June 4 and 5. Make sure to set reminders for the...

May 25 2021

Report: Ark Invest Buys Nearly $20 Million Worth Of Bitcoin

Cathie Wood’s Ark Investment Management has reportedly purchased $19,872,939 worth of bitcoin.The recent price dips of bitcoin have given many investors the chance to accumulate BTC at a relatively low price. For instance, asset management company Ark Investment Management, led by Cathie Wood, used the chance to snap up almost $20 million worth of bitcoin.“According to a filing with [the U.S....

Apr 29 2021

What Does the Future of Energy Hodl?

Bitcoin may be the key piece in solving the growing demand for energy usage outpacing our ability to capture and store energy from the sun.The stage has been set for Bitcoin to incentivize renewable energy and power a greener future. Tesla and Elon Musk have the technology and ingenuity to solve one of the greatest challenges facing humanity. A dawn of optimism...

Mar 29 2021

ARK Invest CEO Cathie Wood On Bitcoin: "$1 Trillion Is Nothing"

During a recent panel discussion, Ark Investment’s Cathie Wood said that “$1 trillion is nothing compared to where [bitcoin] will ultimately be.”During a panel discussion hosted by the Chicago Board Options Exchange (CBOE) last week, CEO of investment management firm Ark Investment Management Cathie Wood shared some decidedly bullish sentiments about...

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