Cathie Wood Invests $1M in Tempus AI, Sells Crypto Stocks Amid Bitcoin Rally

Cathie Wood's Ark Invest made significant trades involving Tempus AI, Coinbase, Robinhood, and Block. Ark purchased $970,109 worth of Tempus AI shares despite criticism from Jim Cramer. Ark also sold shares in Coinbase, Robinhood, and Block. Other notable trades included selling Roku shares and buying Teradyne shares via ARKK.

Cathie Wood-led Ark Invest has been active in the market, making significant trades involving Tempus AI, Coinbase, Robinhood, and Block. On Thursday, July 1, 2025, Ark Invest purchased $970,109 worth of Tempus AI shares, despite criticism from CNBC’s Jim Cramer, who has questioned the profitability of Tempus AI in 2025 [1]. Tempus AI's first-quarter financial results, however, were promising, with revenue reaching $255.74 million, exceeding estimates [1].

The Tempus AI acquisition was executed through the ARK Genomic Revolution ETF (ARKG) and ARK Innovation ETF (ARKK), with ARKG adding 2,233 shares and ARKK purchasing 14,044 shares. This move comes amid ongoing criticism from Jim Cramer, who has repeatedly questioned the profitability of Tempus AI in 2025 [1].

Ark Invest also sold shares in Coinbase, Robinhood, and Block. On Wednesday, Ark had purchased Tempus shares worth $8.8 million. The Coinbase Trade involved Ark selling 16,627 shares of the cryptocurrency-trading platform through the ARKK ETF, aligning with concerns over a potential decline in crypto trading activity [1]. The total value of the shares sold was $6.5 million, based on the stock’s closing price of $388.96 [1].

The Robinhood Trade included the sale of 58,504 shares of the retail-oriented trading platform via the ARKK ETF. This comes after Robinhood’s recent introduction of staking services for Ethereum ETH/USD and Solana SOL/USD, allowing users to earn rewards by contributing their crypto holdings [1]. The total value of the shares sold was $5.8 million [1]. The Block Trade saw Ark offloading 24,780 shares of the Jack Dorsey-led company through the ARKK ETF, following a previous significant sale of Block shares on Wednesday as Bitcoin BTC/USD neared all-time highs [1].

Other notable trades included selling Roku shares and buying Teradyne shares via ARKK. Ark sold 62,732 shares of Roku Inc (ROKU) through ARKK, and bought 179,242 shares of Teradyne Inc (TER) via ARKK [3].

These trades reflect Ark’s strategic shifts, reallocating resources from certain tech and fintech stocks into companies positioned in the industrial automation and AI sectors. Investors following Ark’s trades will note the evolving investment strategy and potential growth opportunities in the market.

References:
[1] https://www.benzinga.com/news/25/07/46358788/cathie-wood-bets-another-1-million-on-tempus-ai-despite-jim-cramers-doubts-dumps-crypto-stocks-as-bitcoin-hits-fresh-new-highs
[2] https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/07/46334675/cathie-wood-dumps-jack-dorseys-block-as-bitcoin-flirts-with-all-time-highs-bets-8-8-million-on-tempus-ai
[3] https://au.investing.com/news/company-news/cathie-woods-ark-buys-teradyne-sells-coinbase-and-robinhood-stock-93CH-3922884