Cathie Wood’s concern firm, ARK Invest, accrued its Bitcoin holdings with 997 bitcoins connected March 13, 2025.
As per the information of Arkham Intelligence, ARK Invest received $80 cardinal worthy of Bitcoin from Coinbase, a large cryptocurrency exchange.
The archetypal transaction brought successful 498 BTC, followed by a 2nd transportation of 499 BTC conscionable 4 hours later, totaling 997 BTC worthy astir $80 million.
This determination highlights ARK Invest’s continued assurance successful Bitcoin and aligns with a broader inclination of organization investors expanding their vulnerability to Bitcoin ETFs amid rising cryptocurrency adoption.
Also Read: US Bitcoin Reserve Attracted Govts to Crypto: Coinbase CEO