Under the guidance of Cathie Wood, ARK Invest has significantly bolstered its Bitcoin holdings, purchasing 997 BTC, valued at approximately $80 million, on March 13, 2025.
This acquisition was executed in two separate transactions on Coinbase, with one purchase of 498 BTC and the second, made a few hours later, of 499 BTC. This move aligns with ARK’s ongoing strategy of positioning itself as a major player in the cryptocurrency space, reinforcing its belief in Bitcoin’s long-term potential.
The recent addition comes at a time when institutional investors remain highly engaged in the crypto market, with many holding Bitcoin ETFs. Despite the volatility and price fluctuations, ARK Invest’s commitment to the digital asset space remains strong.
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This is further demonstrated by their decision to hold on to their Bitcoin despite the challenges facing the market, unlike some other institutions that have sold large portions of their Bitcoin ETF investments, driven by a sluggish stock market and broader economic concerns. In tandem with its Bitcoin acquisition, ARK Invest has also increased its stake in Coinbase (COIN), purchasing 64,358 shares worth around $11.53 million.
This represents the firm’s largest investment in Coinbase stock since August 2024. Rather than selling off any of its Bitcoin ETF holdings, ARK chose to strengthen its position in both Bitcoin and Coinbase, signaling a shift in its investment strategy to focus on key assets within the digital asset sector, which analysts see as part of a long-term vision.
Alexander Stefanov
