{"id":9721,"date":"2024-01-11T17:14:36","date_gmt":"2024-01-11T15:14:36","guid":{"rendered":"https:\/\/forklog.com\/en\/cathie-wood-reveals-her-bitcoin-investment-strategy\/"},"modified":"2024-01-11T17:14:36","modified_gmt":"2024-01-11T15:14:36","slug":"cathie-wood-reveals-her-bitcoin-investment-strategy","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/cathie-wood-reveals-her-bitcoin-investment-strategy\/","title":{"rendered":"Cathie Wood Reveals Her Bitcoin Investment Strategy"},"content":{"rendered":"<p>Approximately a quarter of ARK Invest CEO Cathie Wood&#8217;s financial capital is held in Bitcoin, the company&#8217;s founder revealed in an interview with Schwab Network.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Wow!! Cathie Wood of <a href=\"https:\/\/twitter.com\/ARKInvest?ref_src=twsrc%5Etfw\">@ARKInvest<\/a> just shared how much <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> she holds PERSONALLY for the FIRST TIME.<\/p>\n<p>Excluding Ark and real estate, Cathie estimates that <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> makes up \u201cat least 25%\u201d of her net worth.<a href=\"https:\/\/twitter.com\/search?q=%24ARKB&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ARKB<\/a> <a href=\"https:\/\/t.co\/fMBzvf7OEy\">pic.twitter.com\/fMBzvf7OEy<\/a><\/p>\n<p>\u2014 Jawwwn (@jawwwn_) <a href=\"https:\/\/twitter.com\/jawwwn_\/status\/1745185866958389419?ref_src=twsrc%5Etfw\">January 10, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>She noted that her portfolio is &#8220;almost entirely tied to innovation,&#8221; including cryptocurrencies.\u00a0<\/p>\n<p>According to Wood, her bold investment strategy is supported by the firm&#8217;s research, which she described as &#8220;deep.&#8221;<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cExcluding ARK and real estate, net financial capital [in Bitcoin] is at least 25%,\u201d she clarified.<\/p>\n<\/blockquote>\n<p>According to <a href=\"https:\/\/www.thestreet.com\/investors\/cathie-wood-net-worth\">The Street<\/a>, Wood&#8217;s net worth was estimated at approximately $140 million as of September 2023. The publication noted that other media outlets have cited figures <a href=\"https:\/\/www.datawallet.com\/crypto\/cathie-wood-net-worth\">ranging from $250 to $300 million<\/a>.<\/p>\n<p>Meanwhile, the world&#8217;s richest person, Elon Musk (<a href=\"https:\/\/www.bloomberg.com\/billionaires\/profiles\/elon-r-musk\/\">$217 billion<\/a>), admitted in a conversation with Wood that he only owns &#8220;a large amount of Dogecoin&#8221; among cryptocurrencies.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Join me along with many special guests as we discuss all things bitcoin! <a href=\"https:\/\/t.co\/GyyWMvDWhy\">https:\/\/t.co\/GyyWMvDWhy<\/a><\/p>\n<p>\u2014 Cathie Wood (@CathieDWood) <a href=\"https:\/\/twitter.com\/CathieDWood\/status\/1745199422307209335?ref_src=twsrc%5Etfw\">January 10, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>However, the entrepreneur added that Bitcoin is on the balance sheet of SpaceX, the private company he founded, in which Musk <a href=\"https:\/\/en.as.com\/latest_news\/who-are-the-biggest-investors-in-spacex-how-much-is-the-company-worth-today-n\/\">owns 54%<\/a>. According to the billionaire, the first cryptocurrency &#8220;doesn&#8217;t occupy his thoughts much.&#8221;<\/p>\n<p>Additionally, Tesla, founded by Musk, invested $1.5 billion in digital gold in February 2021. The publicly traded firm liquidated most of the position with a profit of $936 million.<\/p>\n<p>As reported, the largest holder of Bitcoin among private companies is MicroStrategy, which increased its reserves to 189,150 BTC (~$8.95 billion at the time of writing) by the end of December.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Approximately a quarter of ARK Invest CEO Cathie Wood&#8217;s financial capital is held in Bitcoin, the company&#8217;s founder revealed in an interview with Schwab Network. Wow!! Cathie Wood of @ARKInvest just shared how much #Bitcoin she holds PERSONALLY for the FIRST TIME. Excluding Ark and real estate, Cathie estimates that $BTC makes up \u201cat least [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1218,1219,1217,52],"class_list":["post-9721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ark-invest","tag-cathie-wood","tag-elon-musk","tag-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"36","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=9721"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9721\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/9720"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=9721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=9721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=9721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}