ARK Invest Seizes Opportunity: Snaps Up Coinbase & BitMine Shares at Discounted Prices
ARK Invest just doubled down on crypto—bullish moves don't get much clearer than this.
While Wall Street panics, Cathie Wood's fund is loading up on battered crypto stocks. Coinbase and BitMine shares got the treatment today after recent dips. Because nothing says 'conviction' like buying when everyone else is selling.
Here's the kicker: ARK's shopping spree comes right as traditional finance pundits start writing crypto's obituary (again). Maybe they missed the memo that smart money accumulates during fear.
One cynical take? The same institutions crying 'bubble' will be FOMO-buying these exact positions at triple the price next cycle. History doesn't repeat—but it sure rhymes.
