Cathie Wood has made a decisive contrarian move, investing Rs. equivalent of $26.1 million in a crypto-linked stock that has been under sustained market pressure. The purchase comes amid heightened volatility across digital asset markets, where falling prices, regulatory uncertainty, and investor caution have weighed heavily on valuations. Wood’s action signals confidence in the long-term… Continue reading Contrarian Conviction: Cathie Wood Increases Stake in Slumping Crypto-Linked Equity
Tag: Cathie Wood
Cathie Wood Prefers Bitcoin Over Ethereum, Highlights Investment Philosophy
Renowned investor Cathie Wood has publicly stated her preference for Bitcoin over Ethereum, reflecting her strategic approach to cryptocurrency investment. Wood emphasized Bitcoin’s scarcity, long-term store-of-value characteristics, and institutional adoption as key reasons for prioritizing it in her portfolio. While acknowledging Ethereum’s potential in decentralized finance and smart contracts, she highlighted volatility and regulatory considerations… Continue reading Cathie Wood Prefers Bitcoin Over Ethereum, Highlights Investment Philosophy