Cathie Wood’s Ark Invest sells Bitmine, Bullish, Block shares as crypto stocks dip

The Block·

Cathie Wood’s Ark Invest sells Bitmine, Bullish, Block shares as crypto stocks dip

60-second summary

Cathie Wood's Ark Invest is actively adjusting its portfolio by selling shares of Bitmine, Bullish, and Block, totaling 128,932 shares. This move comes as crypto stocks experience a dip, with the firm likely seeking to minimize losses.

Meanwhile, the investment firm purchased 128,932 shares of Elon Musk's SpaceX, worth roughly $14.5 million.