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Bitcoin falls below 87k, Ark increases the position by 2 million ARKB

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[Coin World] Ark Invest was very active on Monday. When the price of Bitcoin fell to around $87,000, the firm increased the position by purchasing 71,500 shares of the ARK 21Shares Bitcoin ETF (ARKB), investing about $2 million.

On the same day, they also bought 8,776 shares of Robinhood (HOOD) for about $1.08 million; they also purchased 26,420 shares of Shopify (SHOP) for approximately $3.9 million. The market has indeed been quite chaotic lately, and these moves seem fairly aggressive.

In addition to these main transactions, Ark also conveniently adjusted its positions in the stocks of CRISPR Therapeutics, Symbotic, WeRide, and Iridium Communications. It seems they have some thoughts on the current price levels.

BTC1.73%
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GateUser-75ee51e7vip
· 8h ago
ark legs are not running
View OriginalReply0
0xLostKeyvip
· 8h ago
Good institutions really dare to buy the dip.
View OriginalReply0
BearMarketSurvivorvip
· 8h ago
buy the dip is a battle of life and death
View OriginalReply0
gas_fee_therapistvip
· 8h ago
Mujie is really bold to buy!
View OriginalReply0
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