Cathie Wood’s investment firm, ARK Invest, has made a significant acquisition of Bitcoin, purchasing 997 BTC, valued at approximately $80 million, on March 13, 2025.
According to Arkham Intelligence data, the purchase was made in two separate transactions: the first involved 498 BTC, followed by a second transfer of 499 BTC just hours later. These transactions were executed through Coinbase, one of the largest cryptocurrency exchanges.
This move underscores ARK Invest’s strong belief in Bitcoin’s potential and reflects a broader trend of institutional investors increasing their stakes in Bitcoin and Bitcoin exchange-traded funds (ETFs) as cryptocurrency adoption continues to rise.
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