By Logan Hitchcock
Publication Date: 2025-11-26 16:43:00
In brief
- Ark Invest bought more than $56 million worth of Google shares on Tuesday, alongside shares of Coinbase and Circle.
- The firm has been aggressively buying in the last few weeks, also adding shares of its Bitcoin ETF, Bullish, and BitMine Immersion Technologies over that time.
- While some investors are concerned about an AI bubble, Cathie Wood says it’s not like the tech and telecom bubble in the early 2000s.
Ark Invest continues to add shares of crypto related equities and major tech stocks across its actively managed ETFs, highlighted by its Tuesday addition of more than 174,000 shares of Google parent company Alphabet (GOOG) valued at more than $56 million.
Cathie Wood’s investment management firm also added another $3.75 million worth of shares in crypto exchange Coinbase, $7 million worth of stablecoin issuer Circle, and nearly $2 million worth of its own Bitcoin ETF, the ARK 21Shares Bitcoin ETF (ARKB).
Its major Google acquisition comes just a week after the tech…