Cathie Wood seizes opportunity in market dip, doubling down on favorite crypto-linked stocks as Bitcoin hits lowest price since 2024. Last year, Wood bought aggressively during market volatility, and this year she is doing the same, picking up shares in high-conviction bets. Since the weekend, ARK Invest has increased exposure to major crypto firms, including Coinbase, Circle, and BitMine. ARK snapped up millions worth of shares in these companies across its actively managed ETFs. Wood also expanded stake in Bullish and picked up shares in ARK 21Shares Bitcoin ETF. On Feb. 4, ARKK added shares of Bullish and Circle to its portfolio. This comes amidst a major downturn in Bitcoin and other cryptocurrencies, with Bitcoin crashing below $70,000 on Feb. 5, marking the worst price crash since early November 2024.

Read more at Yahoo Finance: Cathie Wood buys crypto stocks aggressively as Bitcoin crashes