Cathie Wood and ARK Invest expand holdings in stocks and Bitcoin

Cathie Wood, founder and CEO of ARK Invest, has been actively expanding the firm's investment positions. Recently, the firm purchased shares in Archer Aviation, Robinhood Markets, and Cerebras. Archer Aviation, a developer of electric vertical takeoff and landing (eVTOL) aircraft, currently holds a market cap of $4.5 billion despite being a largely pre-revenue business with plans to serve as an air taxi provider for the Los Angeles Olympic Games.

In addition to individual stock acquisitions, ARK Invest maintains a significant strategic reserve of Bitcoin. Wood expressed a bullish outlook on the digital asset, citing its potential as a store of value and a hedge against inflation. She noted that Bitcoin increasingly behaves similarly to gold, driven by concerns over fiat devaluation and global debt, while benefiting from limited supply and increasing institutional adoption.