Closely followed investor Cathie Wood continues to purchase stocks of cryptocurrency companies as their prices fall.
Through her Ark Invest asset management firm, Wood bought shares of crypto companies such as Coinbase Global (NASDAQ: $COIN) and Circle Internet Group (NYSE: $CRCL).
In the last three days, Ark Invest purchased $43.5 million U.S. of crypto stocks, including 122,544 Coinbase shares valued at $18.6 million U.S.
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Wood’s company also bought 169,777 Circle shares worth $12.9 million U.S.
The purchases occurred as both companies saw their share prices decline alongside Bitcoin…







