Cathie Wood buys Peter Thiel-backed crypto stock

I remember Cathie Wood used to purchase crypto stocks every few days last year. She made sure that her portfolio reallocation always had space for the trending crypto stocks.

After all, Wood is a veteran investor in the digital assets space and moved ahead undaunted by criticism.

When her asset management firm, ARK Invest, revealed that it was the first public asset manager to gain Bitcoin (BTC) exposure as early as 2015, the move was met with skepticism.

ARK Invest CEO Cathie Wood
ARK Invest CEO Cathie Wood

As the crypto market expanded in later years, ARK Invest became more confident and began to acquire crypto stocks, such as:

Source link