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ARK Invest Stands Firm Amid Tech Downturn with Investments in AI and Cryptocurrency

ARK Invest Stands Firm Amid Tech Downturn with Investments in AI and Cryptocurrency

Bitget-RWA2025/11/25 14:26
By:Bitget-RWA

- ARK Invest bought CoreWeave and Circle shares, divesting GitLab , focusing on AI infrastructure and crypto amid market declines. - CoreWeave's $9B acquisition of Core Scientific boosts its AI data center capacity, with ARK accumulating shares for long-term growth. - ARK's crypto buys, including Circle and Bullish, align with its bullish stance on digital assets despite Bitcoin's $87,000 dip. - GitLab divestment reflects skepticism about tech sector resilience, contrasting ARK's AI/crypto bets amid broade

Cathie Wood's

Invest made notable adjustments to its holdings on Monday, November 24, 2025, acquiring $31.3 million worth of (NASDAQ: CRWV) shares and investing $588,000 in Internet Group (NASDAQ: CRCL), while offloading $26.8 million of GitLab Inc. (NASDAQ: GTLB) stock. These toward AI infrastructure and crypto-related stocks, even as the broader tech and crypto markets experienced a downturn.

ARK Invest Stands Firm Amid Tech Downturn with Investments in AI and Cryptocurrency image 0
CoreWeave, which benefited most from ARK's recent purchases, saw its share price recover following a steep drop earlier this year. The AI-focused cloud infrastructure company to $1.21 billion in Q2 2025, fueled by rising demand for AI computing power and early integration of NVIDIA's Blackwell GPUs. Despite this, the firm's adjusted net loss grew as it scaled rapidly, raising concerns about its short-term earnings. —now exceeding 788,000 shares since Friday—signals the fund's belief in the company's long-term potential within the AI infrastructure space.

The rationale behind ARK's investment in CoreWeave is further strengthened by the company's recent

of data center operator (NASDAQ: CORZ). Announced in late October, this acquisition gives direct control over 1.3 gigawatts of power and access to an additional 1 GW for future growth, positioning the company to lead in the energy-demanding AI sector. Although shares initially dropped after the announcement due to dilution concerns, in the long-term benefits of the deal. Analysts point out that this move removes future leasing expenses and secures a vital asset for AI expansion, giving CoreWeave an advantage over competitors such as Microsoft and Amazon.

ARK also made notable moves in the crypto space. The fund increased its holdings in Circle, the stablecoin provider, and Bullish (NYSE: BLSH), a crypto exchange backed by Peter Thiel, as

amid widespread market anxiety. Wood's team has been actively "buying the dip" in digital assets for several weeks, including a $10 million purchase of Coinbase (NASDAQ: COIN) and a $9 million investment in BitMine (NASDAQ: BMNR) . These actions are consistent with ARK's long-term optimism about digital currencies, despite recent market swings. by 2030—revised from her earlier $1.5 million target—reflects her recalibrated outlook on the global economy.

These trades contrast with ARK's reduction in GitLab holdings. The fund has been steadily decreasing its stake in the software development platform for several weeks,

. GitLab's board recently welcomed new members from the philanthropy and finance sectors, aiming to further its mission of expanding economic opportunity . Nevertheless, ARK's sales indicate doubts about GitLab's short-term outlook amid ongoing tech market weakness.

CoreWeave's shares, which closed at $73.60 on Monday, remain a speculative but potentially rewarding investment. While the company boasts a revenue backlog of over $55.6 billion and analysts expect sales to more than double to $12 billion by 2026,

remain obstacles. Still, ARK's persistent backing underscores its conviction in CoreWeave's pivotal role in advancing AI—a sector anticipated to fuel global economic progress throughout the coming decade.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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