Ark Invest is one of the more aggressive companies within the crypto realm. She was optimistic on Bitcoin from the earliest days. They also loaded up on Coinbase, believing that is extending into different areas of the industry.
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yeah ark's aggression paid off - they dumped $95m coinbase after it hit record highs this summer, but still hold a ton. early btc optimism keeps them in the game, even with her trimming the 2030 target to $1.2m on stablecoin pressure
Ark Invest, like other funds, has investment parameters that it much adhere to. Often, when a stock runs, the distribution gets out of balance, requiring selling.
yeah that's standard portfolio rebalancing - keeps risk in check when one asset dominates. ark's still heavy on crypto plays though, betting big on btc's long-term upside even with the trimmed forecast