Cathie Wood Bullish Op Bitcoin, Vill investéiert an Coinbase An Tesla

Cathie Wood’s investment management firm Ark Invest purchased an additional 74,792 shares of Krypto Austausch Coinbase (COIN), the company said on Thursday. Ark Invest also added 99,523 shares of Tesla (TSLA).

Cathie Wood has been actively buying COIN and TSLA shares in the last few weeks, pushing the shares to rise higher despite uncertainty in the global markets.

ARK Invest Buys Coinbase and Tesla Shares

Cathie Wood remains bullish on electric vehicles and cryptocurrencies, especially Bitcoin. Ark Invest founder Cathie Wood recently reiterated that Bitcoin price could hit $1 million by 2030.

Considering a recovery in the global market, ARK Invest is actively buying Coinbase, Tesla, and other shares showing signs of recovery. Ark Invest purchased 74,792 shares of Coinbase (COIN) and 99,523 shares of Tesla (TSLA) on January 11.

This marks the fourth purchase of Coinbase shares by Ark Invest since the start of the year. Thus, the company has added 280,824 shares of Coinbase in total, with 108,548 shares for the ARKK fund. Wéi virdrun gemellt, Ark Invest purchased 628,164 shares of Coinbase in 10 transactions in December.

Furthermore, Cathie Wood’s ARK Invest purchased 475,522 shares of Tesla since the start of the year. It added 343,742 shares specifically to the ARKK fund. In December, ARK Invest purchased 254,992 shares of Tesla in 13 transactions.

Coinbase (COIN) shares are trading at 43.79, up 26% in a week. Whereas, Tesla (TSLA) shares closed at 123.22 on Wednesday, up 12% in a week.

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Crypto Market Starts 2023 on a Positive Note

The crypto market recovery in the last 24 hours indicates a positive start to 2023. Bitcoin (BTC) price jumped 5%, with the current price trading at $18,200. Meanwhile, Ethereum (ETH) price soared 7%, hitting a high of $1,408.

Crypto Analyst Michael van de Poppe virausgesot a continuous upside move in the market for the next 3 months. Traders’ sentiment has turned positive amid the recovery in the broader crypto market.

Och liesen: Bitcoin Futures ETF Launched Amid Crypto Market Recovery

De Varinder ass en technesche Schrëftsteller an Editeur, Technologie Enthusiast, an analyteschen Denker. Faszinéiert vun Disruptive Technologies, huet hien säi Wëssen iwwer Blockchain, Krypto-Währungen, Kënschtlech Intelligenz an den Internet vun de Saachen gedeelt. Hien ass mat der Blockchain an der Krypto-Währungsindustrie fir eng substantiell Period assoziéiert an deckt de Moment all déi lescht Updates an Entwécklungen an der Kryptoindustrie.

Dee presentéierten Inhalt kann d'perséinlech Meenung vum Autor enthalen an ass ënner Zoustand vum Maart. Maacht Är Maartfuerschung ier Dir a Kryptowärungen investéiert. Den Autor oder d'Publikatioun huet keng Verantwortung fir Äre perséinleche finanzielle Verloscht.

Source: https://coingape.com/cathie-wood-ark-invest-bitcoin-investing-coinbase-tesla/