ARK Invest bought $8.1 million worth of CoreWeave (CRWV) in a "bargain purchase" yesterday. According to Jinsecai, on October 20, Cathie Wood’s ARK Invest purchased 132,498 shares of CoreWeave (CRWV), worth approximately $8.1 million. Additionally, it sold 18,349 shares of Palantir (PLTR), worth approximately $3.56 million.
ARK Invest purchases $8.1 million in CoreWeave (CRWV) shares on October 20.
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Summary
On-chain trading signals show that ARK Invest added 132,498 shares of CoreWeave (CRWV) on October 20, valued at $8.1 million. The firm also sold 18,349 shares of Palantir (PLTR) for $3.56 million. This move aligns with evolving crypto trading strategies centered on high-growth technology assets. CoreWeave’s inclusion indicates a strategic shift toward infrastructure-focused investments in ARK’s portfolio.
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