Cathie Wood buys $31M of favorite crypto stocks amid tech slide

With her latest purchase, veteran investor Cathie Wood has demonstrated her preference for three leading crypto stocks. And it comes at an opportune time, given that all three bled on the day of the purchase as part of the broader tech sell-off in the market.

Leading trading exchanges that offer crypto trading, such as Coinbase (Nasdaq: COIN) and Robinhood (Nasdaq: HOOD), are already part of her portfolio.

Related: Cathie Wood buys $30M of sinking crypto stock

As the market is going through a downturn, Wood is treading carefully. Recently, she backtracked from her Bitcoin (BTC) price prediction of $1.5 million, trimming it down to $1.2 million. Her recent accumulation of sinking crypto stocks shows her remarkable ability to adapt to the evolving conditions.

On Nov. 12, Wood’s tech-focused investment fund, ARK Invest, bought Circle Internet Group (NYSE: CRCL) shares worth more than $30 million.

The next day, the fund doubled down and bought another stack of Circle shares, though it halved the amount. However, it made up for it by acquiring shares belonging to two other crypto companies.

On Nov. 13, ARK Invest bought:

• $15.56 million worth of 188,941 Circle (NYSE: CRCL) shares

• $8.86 million worth of 242,347 Bitmine Immersion Technologies (NYSE: BMNR) shares

• $7.28 million worth of 177,480 Bullish (NYSE: BLSH) shares

Circle is a prominent crypto company that is behind the second-largest stablecoin, USDC. The firm recently reported strong earnings for the third quarter of the year. Its stock fell 4.59% to close at $82.34 yesterday and was trading at $83.90 in pre-market hours today.

Chaired by Wall Street legend Tom Lee, Bitmine Immersion is the leading Ethereum (ETH) treasury company. It currently holds $10.8 billion worth of ETH coins on its balance sheet. The company’s stock fell 9.86% to close at $36.57 yesterday and was exchanging hands at $34.59 in pre-market hours.

Bullish is one of the leading crypto trading exchanges in the U.S. The firm’s stock sank 9.85% to close at $41.02 yesterday and was exchanging hands at $39.70 in pre-market hours.

This story was originally reported by TheStreet on Nov 14, 2025, where it first appeared in the Technology News section. Add TheStreet as a Preferred Source by clicking here.