Bitcoin Bonanza: Cathie Wood’s Daring Dance with $80M! 💃💰

Oh, darling! It appears that Cathie Wood’s illustrious ARK Invest has decided to waltz into the world of Bitcoin, acquiring a staggering 997 bitcoins on this rather splendid day, March 13, 2025. How positively thrilling! 🎉

According to the ever-so-reliable Arkham Intelligence (because who doesn’t love a bit of intelligence?), our dear ARK Invest has graciously accepted a delightful $80 million worth of Bitcoin from none other than Coinbase, the grand dame of cryptocurrency exchanges. 💁‍♂️

ARK Invest Bitcoin Purchase

In a rather dramatic turn of events, the first transaction delivered a charming 498 BTC, swiftly followed by a second, oh-so-timely transfer of 499 BTC just four hours later. Voilà! A total of 997 BTC, all for the princely sum of approximately $80 million. One must applaud the timing! ⏰

This audacious move not only showcases ARK Invest’s unwavering confidence in Bitcoin but also aligns with the delightful trend of institutional investors flocking to Bitcoin ETFs like moths to a flame, amidst the rising tide of cryptocurrency adoption. How utterly modern! 🥂

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2025-03-13 23:02