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Ark Invest Expands Crypto Holdings with $80M Bitcoin Purchase and $5.2M Coinbase Investment
In a surprising move, Cathie Wood’s Ark Invest has expanded its cryptocurrency holdings by purchasing 997 Bitcoins worth an astonishing $80 million and investing $5.2 million in shares of Coinbase, the popular digital currency exchange.
According to recent data from Arkham Intelligence, the investment firm acquired the Bitcoin through Coinbase on March 13, 2025. The transaction was carried out in two separate parts, with the first purchase consisting of 498 BTC followed by a second transfer of 499 BTC approximately four hours later.
This significant move highlights Ark’s commitment to digital assets and its willingness to adapt its portfolio despite market fluctuations. It is essential to note that this investment strategy involves both direct Bitcoin purchases as well as expanding positions in companies operating within the crypto ecosystem.
Ark Invest has previously made headlines for its bullish outlook on the cryptocurrency, with Cathie Wood predicting a potential $1 million price per coin by 2030. This forecast comes despite recent market challenges and resistance at higher levels. The cryptocurrency traded near $79,000 before rising back to $81,000 but continues to struggle at higher ranges.
In addition to the Bitcoin purchase, Ark Invest also invested $5.2 million in Coinbase shares. These transactions demonstrate the investment firm’s continued confidence in the crypto exchange despite its recent stock price downturn.
It is clear that Ark’s investment approach involves a balanced portfolio between direct cryptocurrency holdings and investments in companies operating within the digital asset sector.
