The post Cathie Wood’s Ark Invest Buys the Dip on Coinbase, Circle and Tom Lee’s Ethereum Giant BitMine appeared on BitcoinEthereumNews.com.

In brief Cathie Wood’s Ark Invest bought the dip in crypto stocks including BitMine Immersion Technologies, Coinbase, and Circle. The firm now maintains a position of more than $600 million in COIN, its third-largest holding across its ETFs. Wood, a Bitcoin bull, recently dropped her BTC price target from $1.5 million to $1.2 million per coin in 2030. Ark Invest, the investment firm of noted tech investor Cathie Wood, added shares of popular crypto-related equities like Coinbase, Circle, and BitMine Immersion Technologies amid falling share prices on Monday. The firm’s largest additions were in Tom Lee’s Ethereum treasury firm BitMine (BMNR) and American crypto exchange Coinbase (COIN). Across three of its actively managed ETFs it added more than 550,000 shares of BMNR valued around $17 million and nearly 65,000 shares of COIN valued at $16.5 million.  Shares of both firms have fallen in the last five trading days, with COIN dropping around 9% and recently changing hands at $251.88. Meanwhile, BMNR has decreased more than 21% in the same timeframe to trade at $30.92.   Beyond COIN and BMNR, Ark also added around $11.8 million in stablecoin issuer Circle (CRCL), $5.3 million of crypto exchange Bullish (BLSH), and $1 million in Solana treasury firm Brera Holdings. Likewise, shares in the trio have all fallen at least 6% in the last 5 trading days.  Wood’s firm has been relentlessly buying equity dips in the last month, highlighted by notable additions of shares in BitMine, Coinbase, and Circle in particular.  As it stands, Coinbase currently sits as the firm’s third-largest holding, while Circle and BitMine follow at 12th and 14th, respectively, according to data from Cathie’s Ark—a public database of Ark Invest holdings. Across its ETFs the firm holds $609 million in shares of COIN, $323 million worth of shares in CRCL,…

---

Filed under: News - @ December 16, 2025 11:26 pm