ARK Invest has purchased $15 million worth of Bitcoin, emphasizing its belief in the cryptocurrency’s potential as a key driver for the next phase of digital asset growth. Recently, ARK Invest has also increased its holdings in crypto-related companies like Coinbase and Robinhood, following declines in Bitcoin’s price. The firm views Bitcoin as a superior alternative to gold for portfolio diversification and an emerging institutional asset.
Ark Invest buys $15M worth of bitcoin amid market volatility
