Cathie Wood buys the dip: Ark Invest loads up on Bitmine, CoreWeave
Dec. 16, 2025 4:34 AM ET
By: Preeti Singh, SA News Editor
Cathie Wood’s Ark Invest made a series of notable buys on Monday, increasing its exposure to crypto- and AI-linked names.
The firm purchased 550,404 shares of Bitmine Immersion Technologies ( BMNR) across its ( ARKK), ( ARKW), and ( ARKF) ETFs, taking advantage of the stock’s 11.2% drop to $30.95 on Monday.
ARK also added 64,946 shares of Coinbase ( COIN), 143,579 shares of Circle Internet Group ( CRCL), 92,845 shares of Block ( XYZ), and 122,360 shares of Bullish ( BLSH)—all of which fell on Monday.
In addition, Ark Invest acquired more than 136K shares of CoreWeave ( CRWV), an AI-focused cloud computing firm that has been hit hard in the recent AI infrastructure selloff. CoreWeave shares slid another 8% on Monday after an 11% decline last week and are now down more than 60% from their June peak.
In total, Wood’s team bought 136,670 CoreWeave shares across its ARKK and ARKW funds. |
