Cathie Wood buys $59M in battered crypto stocks as markets crash
Yahoo Finance·2025-12-17 01:02

Cathie Wood’s investment firm, ARK Invest, ramped up its exposure to crypto-related stocks on Dec. 15, purchasing around 59millionworthofsharesasthedigitalassetsectorextendedamultidaydecline.Accordingtothefirmsdailytradingdisclosure,thelatestbuyingspreeincludedabout59 million worth of shares as the digital asset sector extended a multi-day decline. According to the firm’s daily trading disclosure, the latest buying spree included about 16.3 million in Coinbase (Nasdaq: COIN), 10.8millioninCircleInternetGroup(Nasdaq:CRCL),androughly10.8 million in Circle Internet Group (Nasdaq: CRCL), and roughly 5.2 million in Bullish (Nasdaq: BLSH). ARK also snapped up around $17 million in Tom Lee's Bitmine Imm ...