Cathie Wood buys crypto stocks aggressively as Bitcoin crashes

Group 1 - Cathie Wood, CEO of ARK Invest, is taking advantage of market dips by increasing investments in crypto-linked stocks as Bitcoin reaches its lowest price since 2024 [1][2] - ARK Invest has significantly increased its exposure to major crypto firms, including Coinbase, Circle, and BitMine Immersion Technologies, amidst market volatility [2][3] - The firm purchased over $1.3 million in Coinbase (3,510 shares), $8.7 million in Circle (34,342 shares in ARKK and 8,536 shares in ARKF), and $6 million in BitMine (145,488 shares) across its ETFs [3] Group 2 - ARK also expanded its stake in Bullish by acquiring 125,218 shares, a regulated crypto exchange backed by Block.one and notable investors like Peter Thiel [3] - On February 4, ARK Innovation ETF added 83,094 shares of Bullish and 14,868 shares of Circle, reflecting ongoing investment activity during a downturn in the crypto market [5] - As of February 5, Bitcoin experienced a significant drop, trading at $67,753.29 after losing approximately 7.8% in 24 hours, marking the worst price crash since early November 2024 [6]