Coinbase News: Cathie Wood’s Ark Invest Acquires Nearly 1,000 Bitcoin on Coinbase in a Bullish Move

In a significant development in the cryptocurrency market, Cathie Wood’s Ark Invest has made a substantial investment in Bitcoin by purchasing nearly 1,000 BTC through Coinbase. Here’s a detailed summary of the event.

Bitcoin Boost: Cathie Wood’s Ark Invest Drops $80 Million On BTC—Bullish Signal?

Ark Invest, led by Cathie Wood, has added 997 Bitcoin (BTC) to its holdings in two separate transactions on March 13, 2025, through Coinbase. The total value of the acquisition is estimated at approximately $80 million. Based on data by Arkham Intelligence, Ark Invest bought 498 BTC in its first transaction, followed by another 499 BTC. The purchases were made at a time when Bitcoin’s price was experiencing slight fluctuations. As of March 14, 2025, Bitcoin was trading at $82,234, down 1.40%. Analysts note that while Bitcoin’s price has seen recent volatility, Ark Invest’s decision to buy suggests confidence in a potential price rebound.

Trader Turns $97.7K into $205.7K on $DOGINME Soaring 150%

A crypto trader achieved remarkable profits by turning a $97.7K investment into $205.7K in just 24 hours. The trader purchased 254.66 million Doginme ($DOGINME) tokens using 51.2 ETH before the Coinbase listing announcement. Following the addition of $DOGINME to Coinbase’s roadmap, the price of the meme coin skyrocketed over 150%, resulting in an unrealized profit of $108K (+110%).