TheStreet. Cathie Wood, head of Ark Investment Management, is known for making bold bets on tech stocks she believes will shape the future. She buys even as stock prices surge, betting that long-term gains will overcome short-term volatility.

Cathie Wood’s $15M stake in Bitmine Immersion boosts investor confidence in its Ethereum pivot, but risks from volatility, crypto exposure, and limited Wall Street coverage persist.

TheStreet. Ark Invest CEO Cathie Wood is still trimming her exposure to Bitcoin-heavy stocks and doubling down on AI. On July 30, Ark Invest sold another $930,000 worth of Block Inc. (formerly Square),

Figma stock was rising again after the biggest ever first-day gain for an IPO which raised more than $500 million.

Cathie Wood holding Roblox soared after earnings on Thursday. Coinbase gave back some of its recent gains after it joined the S&P 500.

Cathie Wood 's investment management firm ARK Invest acquired 477,498 shares of BitMine Immersion Technologies (NYSE: BMNR) worth $15.2 million on July 30. ARK Innovation ETF (ARKK) bought 323,186 BMNR shares, ARK Next Generation Internet ETF (ARKW) bought 104,244 shares, and ARK Fintech Innovation ETF (ARKF) purchased 50,068 shares the last day.

In just ten days, shares of the mid-cap healthcare stock Tempus AI (NASDAQ: TEM) have gone from down 4% to up nearly 60% in 2024. Famed investor Cathie Wood recently increased her allocation to the company through the ARK Invest family of funds.