✉news BusinessCrypto first seen 8 h ago, last 3 h ago, peak #18
Cathie Wood Says Bitcoin Is Beating Gold as Strive Buys $169M in BTC
Original: Cathie Wood Says Bitcoin Is Beating Gold as Strive’s $169M Spree Outpaces Strategy
Cathie Wood, head of ARK Invest, said Bitcoin is outperforming gold, framing the cryptocurrency as the stronger store of value. Her comments came as Strive, the asset management firm led by Matt Cole, disclosed a $169 million Bitcoin purchase, adding to its treasury at a pace that has drawn comparisons with Strategy's well-known accumulation program.
Why now: A prominent investor backing Bitcoin over gold, combined with Strive's rapid treasury buying, is fueling debate about corporate Bitcoin adoption.
Cathie WoodARK InvestStriveBitcoinStrategy
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