According to the report, ARK Invest added 997 Bitcoin (BTC) from two individual transactions. The asset management company led by Cathie Wood was purchased through Coinbase on March 13, 2025. The total value of the argument is estimated to be about $ 80 million.
Ark Invest runs two bitcoin transactions
Based on the data of Arkham Intelligence, ARK Invest acquired 498 BTC in the first transaction and purchased 499 BTC. Purchase was made when the highest encryption price experienced some changes. As of March 14, 2025, Bitcoin fell 1.40%to $ 82,234.
Analysts have recently seen the price of Bitcoin, but ARK Invest’s decision to purchase suggests confidence in potential price rebound. The company previously made a significant purchase when putting pressure on the market by responding to the price dip. Some experts believe that the latest movement is a sign that ARK is expected to be thankful for BTC in the next few months.
Ark Invest received $ 80 million $ BTC Today in the coinbase
Ark Invest is buying Bitcoin pic.twitter.com/fmpyona15a
-Arkham (@arkham) March 13, 2025
The ark increases the stake in the coinbase
In addition to the Bitcoin acquisition, ARK Invest has increased its position in Coinbase and acquired more than $ 15.5 million more than $ 15.5 million. This means the company’s largest coinbase investment since August last year. According to the report, Coinbase has now accounted for more than 7% of the Ark Fund, making it the third largest possession of the fund.
Coinbase has been a key part of ARK’s investment strategy for many years. The company continued to add shares of this exchange to strengthen the belief that the platform will continue to benefit from the increase in the adoption of Cryptocurrency. Coinbase’s stocks faced some pressure due to regulatory problems, but ARK’s purchase suggests that long -term potential.
Cashwood is optimistic for encryption.
Analysts argue that Ark Invest has shown faith in the entire Bitcoin and Cryptocurrency industry. Despite market instability, the company is actively investing in digital assets. According to the report, WOOD still believes that Bitcoin is an important financial asset with a space to expand in the future.
Woodcoin said Bitcoin could finally reach the new high in the past. Even if the market falls, it is clear that the company will spend a huge amount of money on assets and have opportunities for long -term benefits.
That means the market
People who follow the market are paying attention to the recent work of ARK Invest. Bitcoin’s institutional purchases often change the feeling of the entire market. Some people think that Bitcoin is still worth it even if the price has recently risen.
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