Ark Invest offloads $5m Robinhood stock in profit-taking move to invest in Tom Lee’s BitMine
Ark Invest is upping its crypto risk appetite. Cathie Wood’s future-themed investment firm trimmed 30 million of exposure to Tom Lee’s crypto treasury company BitMine, and Peter Thiel-backed digital assets platform Bullish. Ark Invest is “definitely comfortable sliding down the risk curve, ”Spencer Yang, managing partner at crypto investment firm BlockSpaceForce, told DL New ...