Ark Invest founder Cathie Wood said on Thursday that the firm’s conviction in Bitcoin’s potential has strengthened despite the ongoing drawdown, but lowered the 2030 target from $1.5 million.

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Ark Invest’s trade involved ARK Innovation ETF (BATS: ARKK) and ARK Genomic Revolution ETF (BATS: ARKG) purchasing 212,825 ...

Cathie Wood’s ARK Invest ETFs reallocated majorly to AI and defense names, sharply increasing exposure to high-growth AI software and autonomous technology while cutting enterprise software, ...

It says a lot about the ever-bullish outlook of Ark Invest CEO Cathie Wood that she predicted bitcoin to reach $1.2 million by 2030, and it was, in fact, a downgrade. This feature is a part of ...

Cathie Wood has built her reputation on backing transformative technologies early, but on quantum computing she is sounding a rare note of restraint. Instead of urging investors to pile into the ...

Cathie Wood, head of Ark Investment Management, is best known for betting on early-stage tech names and high-growth innovators. But occasionally she makes a move into the megacap space when she sees ...