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Wednesday, June 23, 2021

Cathie Wood bought 1 million shares of Grayscale Bitcoin Trust during crypto's drop below $30000 - CNBC

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Cathie Wood
Source: CNBC

Ark Invest's Cathie Wood took advantage of the volatility in bitcoin on Tuesday, buying up shares of Grayscale Bitcoin Trust and Coinbase.

Wood — known for taking advantage of dips in her highest conviction picks —purchased 1,046,002 shares of the Grayscale Bitcoin Trust in the ARK Next Generation Internet ETF on Tuesday, a position worth roughly $12 million based on Grayscale's closing price of $11.47 per share. Shares of Grayscale closed flat on Tuesday but dropped near $10 per share during the rout in bitcoin.

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"wood" - Google News
June 23, 2021 at 07:16PM
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Cathie Wood bought 1 million shares of Grayscale Bitcoin Trust during crypto's drop below $30000 - CNBC
"wood" - Google News
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