Cathie Wood’s Ark Invest Buys $89M Worth of TWTR After the Bitcoin Tips Integration

Ark Investment Management has increased its support for Jack Dorsey’s social media platform. The purchase of substantial shares came only days after Twitter announced that it would allow BTC tips.

According to Benzinga’s report, Cathie Wood, Cathie Wood’s investment manger, purchased almost 124,000 Twitter shares on Friday. According to Benzinga, Cathie Wood’s investment manager purchased nearly 124,000 shares of Twitter on Friday. This amount is approximately $88.74million. This was after another large purchase in May when Twitter’s stock fell sharply. What’s more, the timing of this week’s accumulation is remarkable. The timing of Ark’s investment was remarkable. At the Bitcoin Conference in Miami, Dorsey stated that he would work with the BTC network and quit Square.
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Marla Brooks

Marla Brooks – Financial Analysis My name is Marla Brooks, and I am the mainstream behind the”observednews.com”  for the powerful and most delicate insights into the latest activities in the financial analysis category. I started my journey as an independent financial consultant. I had approximately nine years of experience in this field. I am free soul so; my passion for exploring the world has taken me to the nations across the globe and given me the chance to report for a portion of the best news associations. Currently, I am a full-time editor as experienced in finance and started to use my abilities.

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