
ARK Invest Bets Big on Bitcoin: $80 Million Acquisition Emphasizes Crypto Confidence
ARK Invest demonstrates strong confidence in Bitcoin, purchasing 997 BTC worth $80 million through Coinbase. Led by Cathie Wood, ARK envisions Bitcoin potentially reaching $1 million by 2030. The firm also acquired 64,358 shares of Coinbase stock, totaling $11.53 million, reflecting strategic