Cathie Wood's strategic buy, large investments in cryptocurrency assets by the end of the year

Ark Invests, led by Cathy Wood, made investments exceeding $25 million in key cryptocurrency-related stocks through three ETFs in mid-December. According to reports by The Block, the company is leveraging market discount prices and employing an investment strategy of simultaneously increasing holdings in BitMine, Coinbase, and Bullish.

Capturing Market Opportunities Through Simultaneous Investment in Multiple Stocks

Through stock investments via three ETFs, Ark Invests allocated $10.56 million to BitMine, $5.9 million to Coinbase, and $8.85 million to Bullish. This allocation indicates a strategic approach by institutional investors to capitalize on the price declines at the end of the year.

Looking at the stock price movements on the day of investment execution, BitMine (BMNR) traded in the $29 range after falling approximately 6.59%, recording a decline of about 24% over the past five days. Coinbase stock dropped 3.33% to the $244 range, with a total decline of 8.78% over the past five days. Bullish stock also closed down 1.89% in the $42 range, with a cumulative decline of 6.41% over five days, reflecting a tough market environment.

Building Investment Positions at Discounted Prices

In periods when cryptocurrency-related stocks undergo significant adjustments, Cathy Wood’s investment judgment is clear. The company views the discounted stock prices as an opportunity for profit and is concentrating capital into major crypto assets like BitMine, Coinbase, and Bullish.

This investment approach reflects Ark Invests’ long-term growth-oriented investment philosophy. During market pessimism, it is considered an ideal time for institutional investors to buy high-quality corporate stocks. Against the backdrop of year-end market adjustments, Cathy Wood and her company’s stock selection acumen are once again attracting attention.