"Cathie Wood's Latest Tech Stock Buying Spree: Bitcoin, Tesla, and AI Bargains"

Cathie Wood's Ark Invest, through its ARK Next Generation Internet ETF (ARKW), continued its buying spree of crypto-related shares, purchasing 1.27 million units of the Ark 21Shares spot Bitcoin ETF (ARKB) worth $51 million. Additionally, ARKW also acquired shares of Tesla and Robinhood Markets, while increasing its Bitcoin allocation for 2023. Wood has also made a bold prediction that Bitcoin could reach $2.3 million per coin based on a hypothetical scenario outlined in Ark Invest's Big Ideas report for 2024. Meanwhile, Coinbase and Robinhood are set to release their quarterly earnings, and Cathie Wood's confidence in Bitcoin's value proposition remains strong.