Cathie Wood's Ark Invest Boosts Holdings in Coinbase, Roku, Illumina, and Bitmine Immersion

Sunday, Aug 3, 2025 11:02 pm ET1min read

Cathie Wood's Ark Invest made significant trades in Coinbase, Roku, Illumina, and Bitmine Immersion Technologies, with the total value of the shares acquired amounting to around $93 million. Ark Invest also bought shares of PagerDuty, SoFi Technologies, and sold shares of Kratos Defense and Security Solutions, Roblox Corp. The trades align with Ark's interest in the fintech, biotechnology, and cryptocurrency sectors.

Title: Ark Invest's Strategic Moves in Fintech, Biotechnology, and Cryptocurrency

Cathie Wood's Ark Invest has been active in the financial markets, making significant trades in various sectors. The total value of the shares acquired in recent trades amounts to approximately $93 million. The trades align with Ark's interest in the fintech, biotechnology, and cryptocurrency sectors.

On July 02, 2025, Ark Invest purchased shares of Coinbase Global Inc. (COIN), Roku Inc. (ROKU), Illumina Inc. (ILMN), and Bitmine Immersion Technologies Inc. (BMNR). The total value of these acquisitions is around $30.11 million, $27.67 million, $15.35 million, and $15.55 million, respectively [2].

In addition to these purchases, Ark Invest also bought shares of PagerDuty Inc. (PD) and SoFi Technologies Inc. (SOFI) through its ARKK ETF. The firm sold shares of Kratos Defense and Security Solutions Inc. (KTOS) and Roblox Corp. (RBLX) [3].

The recent trades reflect Ark's strategic adjustments to its ETF portfolios, indicating a continued interest in the digital transformation space and the potential of AI-driven infrastructure. While the crypto sector remains volatile, Ark's investments in Bitcoin-linked stocks and Ethereum treasury companies suggest a belief in its long-term potential as a hedge against currency devaluation and a store of value [4].

ARK Invest's strategic moves underscore the firm's conviction in the disruptive potential of AI and automation to drive productivity gains and unlock economic recovery. The firm's focus on AI hardware, particularly AMD's chips, reflects this conviction. Meanwhile, the firm's continued interest in the crypto sector, as evidenced by its investments in Coinbase and Bitmine, suggests a long-term view on the role of cryptocurrencies in a de-dollarizing world.

References

[1] https://www.tradingview.com/news/the_block:0ce131197094b:0-ark-invest-buys-30-million-in-coinbase-shares-adds-17-million-in-bitmine-across-three-funds/
[2] https://www.benzinga.com/etfs/specialty-etfs/25/08/46815219/cathie-woods-ark-invest-loads-up-on-coinbase-roku-illumina-and-bitmine-immersion
[3] https://www.investing.com/news/company-news/cathie-woods-ark-buys-sofi-pagerduty-stock-sells-roku-joby-aviation-93CH-4161567
[4] https://www.ainvest.com/news/cathie-wood-strategic-bet-ai-crypto-paradigm-tech-driven-growth-2508/

Cathie Wood's Ark Invest Boosts Holdings in Coinbase, Roku, Illumina, and Bitmine Immersion

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