"Has the Bottom Arrived?"...Ark Invest Makes Large-Scale Bitcoin Purchase
JOON HYOUNG LEE
Summary
- Ark Investment has reportedly purchased $83 million worth of Bitcoin.
- Ark Investment announced that they made an additional purchase of $82.6 million through the 'Ark 21Shares Bitcoin ETF'.
- With this purchase, Ark Investment now holds a total of approximately 47,000 Bitcoins.
Cathie Wood (pictured), known as the 'Money Tree Sister', and her Ark Investment have reportedly purchased $83 million (approximately 120 billion won) worth of Bitcoin (BTC).
According to Cointelegraph and others on the 13th, Ark Investment bought $82.6 million worth of Bitcoin through the 'Ark 21Shares Bitcoin ETF' the previous day (12th).
With this additional purchase, Ark Investment now holds approximately 47,000 Bitcoins.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
