ARK’s Cathie Wood Bought $100K Worth of Bitcoin Years Ago at $250 and Has Never Sold It

Appearing on Peter McCormack’s “What Bitcoin Did” podcast, ARK Investment Management CEO Cathie Wood said she purchased $100,000 worth of bitcoin (BTC) when it was trading around $250 (which would suggest sometime in 2015). She said she hasn’t sold any of that initial investment, meaning her current profit on that $100,000 bet would be around $7.6 million.

Source: https://www.coindesk.com/business/2022/10/24/cathie-wood-still-holds-bitcoin-she-purchased-years-ago-at-250/?utm_medium=referral&utm_source=rss&utm_campaign=headlines