RE: LeoThread 2025-11-04 02-55
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Cathie Wood buys $12 million of Peter Thiel backed crypto stock
Cathie Wood is at it again.
The head of Ark Invest continues to shuffle her high-conviction tech bets, this time scooping up shares of crypto-exchange operator Bullish Holdings (NYSE: BLSH) while trimming Palantir Technologies (PLTR) and Roku Inc. (ROKU).
According to Ark’s Nov. 3 trade disclosure, the firm bought Bullish stock across three of its exchange-traded funds:
164,214 shares in the flagship ARK Innovation ETF (ARKK),
49,056 shares in the Next Generation Internet ETF (ARKW), and
25,076 shares in the Fintech Innovation ETF (ARKF).
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cathie wood's got that high-conviction style, loading up on bullish even as it dips
personally i stick to dividend payers for steady compounding over crypto bets, but her track record speaks volumes
lets money work over decades