ARK Investment Managementat Grayscale Bitcoin Trust ( GBTC) approximately three million dollarsbought shares.
The declines and bear trend in the crypto money market make institutional investors turn more. Big companies hungry bitcoinand Bitcoin sharescontinues to invest in maximalistKnown as the names, consider the declines as buying opportunities. Michael Saylor displayed a buying-oriented approach in the chaos created by each decline. with another name Catherine Woods stated that his company’s interest in cryptocurrencies will increase. Finally, Cathie Woods’ company ARK Investment, via Grayscale GBTCbought the stock.
ARK Investment Continues Its Investments
famous investor Katie Wood‘s company ARK Investment Management, at every opportunity bitcoincontinues to invest.
Bitcoin, which has fallen with the recent FTX events, was seen as an opportunity for ARK Investment. Grayscale Bitcoin Trust came at a very interesting price after the drops. GBTC, which made a new historical bottom, whetted the appetite of the corporates.
ARK Investment, approximate value $2.8 millionthe one which… 315,259 GBTCsannounced the acquisition of shares.
