According to reports, Ark Invest has Added 997 bitcoin (BTC) to their holdings in two separate transactions. The asset management company, led by Cathie Wood, made the purchases on March 13, 2025 through Coinbase. The total value of the acquisition is estimated at about $ 80 million.
Ark Invest conducts two Bitcoin transactions
Based on data from Arkham Intelligence, Ark bought Invest 498 BTC in its first transaction, followed by another 499 BTC. The purchases were made at a time when Topprypto’s price experienced small fluctuations. As of March 14, 2025, Bitcoin traded to $ 82,234, a reduction of 1.40%.
Analysts note that while Bitcoin price Has seen the recent volatility, Ark Invest’s decision to buy suggests confidence in a potential price recovery. The company has previously used pricing dip, which made significant purchases when the market was under pressure. Some experts believe that this latest feature is a sign that Ark expects BTC will appreciate in the coming months.
Ark Invest received $ 80 million in $ BTC From Coinbase today
Ark Invest buys bitcoin pic.twitter.com/fmpyona15a
– Arkham (@arkham) March 13, 2025
Sheet increases the effort in coinbase
On top of its Bitcoin -acquisition, Ark Invest also increased its position in Coin baseBuying over 64,000 shares valued at approximately $ 11.50 million. This marks the company’s largest Coinbase investment since August last year. Reports indicate that Coinbase now accounts for more than 7% of the Ark Fund, making it the Fund’s third largest holding.
Coinbase has been an important part of Ark’s investment strategy for several years. The company has consistently added shares to the exchange, which reinforces its belief that the platform will continue to benefit from increased Cryptocurrency anticipation. Coinbase’s warehouse has met some pressure in the midst of regulatory problems, but Ark’s purchases indicate that it sees long -term potential.
Cathie Wood remains hausse on crypto
Analysts claim that Ark Invest continuously has shown faith in bitcoin and Cryptocurrency Industry as a whole. Despite market instability, the company has made active investments in digital assets. According to reports, Wood still believes that Bitcoin is a significant financial asset with room to expand in the future.
Wood has previously said that bitcoin can finally be able to reach new peaks all the time Because there are not many of them and they become more and more popular. It is clear that the company is willing to take a chance of long -term benefits by pouring huge amounts of money into the asset, even when the market drops.
What that means for the market
People who follow the market pay attention to what Ark Invest has done recently. Institutional purchases in Bitcoin often change how the market feels like a whole. Some people believe that bitcoin is still valuable even though the price has gone up and down lately.
Image from Gemini Imagen, Chart from TradingView
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