Cathie Wood’s ARK Bets Over $100 Million on Crypto Stocks and Nvidia as Bitcoin Crashes Below $85K

On November 21, 2025, Cathie Wood’s ARK Invest doubled down on crypto and AI, pouring tens of millions into Circle, Bullish, BitMine, Coinbase and Nvidia while trimming AMD — even as Bitcoin suffers its worst month since the 2022 crypto winter.

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