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News Explorer — Cathie Wood Buys the BitMine Dip After Ark Invest Slashes Bitcoin Price Target

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Nov 7, 5:40 pm
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Cathie Wood Buys the BitMine Dip After Ark Invest Slashes Bitcoin Price Target

Ark Invest, led by Cathie Wood, purchased $9.2 million worth of BitMine Immersion Technologies shares, totaling $260 million across its ETFs. Wood lowered her 2030 Bitcoin price target to $1.2 million due to stablecoin popularity.

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