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Cathie Wood’s ARK Buys $9.67M in Roblox Stock, Dumps PagerDuty

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RBLX Stock Card

TLDR

  • ARK Invest purchased 145,603 Roblox shares worth $9.67 million across three ETFs on February 9, 2026.
  • The buy followed Roblox’s strong fourth-quarter results and improved bookings forecast from the gaming company.
  • ARK continued selling PagerDuty stock, offloading $1.18 million worth of shares in its fifth consecutive day of reductions.
  • The firm added healthcare positions in Recursion Pharmaceuticals and TharImmune while trimming digital ad stocks.
  • Total sales included Pinterest and The Trade Desk as ARK shifts focus toward gaming and AI-driven healthcare.

Cathie Wood’s ARK Invest executed major portfolio moves on February 9, 2026. The firm bought 145,603 shares of Roblox worth $9.67 million across three exchange-traded funds.


RBLX Stock Card
Roblox Corporation, RBLX

ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF all participated in the purchase. The transaction represents one of ARK’s largest single-stock buys in recent trading sessions.

The Roblox purchase came days after the company released fourth-quarter earnings. The gaming platform posted results that exceeded Wall Street expectations. Management also issued positive guidance for upcoming bookings.

Several analysts have raised their price targets on Roblox stock. They point to increased engagement from users and higher spending patterns. Older demographics are spending more on the platform, which analysts view positively.

Healthcare and AI Investments Grow

ARK expanded its healthcare portfolio with two purchases on February 9. The firm bought 156,272 shares of Recursion Pharmaceuticals for $622,000. The biotech company uses artificial intelligence for drug discovery.

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ARK also acquired 54,600 shares of TharImmune valued at $226,000. Both purchases align with Wood’s strategy of backing companies using technology to develop new medicines.

Additional buys included 2,114 shares of Kodiak AI worth $19,343. ARK added 444 shares of Tempus AI for $24,380. The firm also purchased 57,164 shares of Bullish totaling $1.57 million.

ARK Reduces Software and Ad Tech Exposure

ARK sold 147,125 shares of PagerDuty for approximately $1.18 million. The sale marks the fifth straight trading day ARK has reduced this position. Shares were sold through ARK Innovation ETF and ARK Next Generation Internet ETF.

The repeated selling indicates declining conviction in PagerDuty stock. The company provides incident management software for IT departments. ARK has now trimmed its stake substantially over the past week.

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Pinterest was another stock ARK reduced. The firm sold 46,800 shares worth roughly $917,000. ARK also cut its Trade Desk position by 24,157 shares for about $653,000.

Both Pinterest and The Trade Desk generate revenue from digital advertising. The sales suggest ARK is moving capital away from ad-dependent business models. The firm appears to be favoring gaming and healthcare technology instead.

ARK sold 497 shares of Qualcomm for $68,257. This represents a minor position adjustment in the semiconductor sector.

Total sales on February 9 reached approximately $2.82 million. Combined with purchases of roughly $12.15 million, ARK increased its net equity exposure. The buying pattern shows Wood is deploying more capital into preferred holdings.

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The portfolio changes reflect ARK’s focus on companies with strong growth potential. Roblox leads the buys while PagerDuty continues facing selling pressure. Healthcare and AI stocks received additional investment as digital advertising names were reduced.

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Crypto World

Bitcoin Breaks 5-Month Losing Streak With $68K March Close: What’s Next?

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Cryptocurrencies, Bitcoin Price, Markets, BTC Markets, Price Analysis, Market Analysis

Bitcoin (BTC) closed March in green, ending the longest monthly losing streak since 2018. Data suggests that the coming months may prove to be profitable for BTC.

Key takeaways:

  • Bitcoin ended March 2% higher, marking the first green monthly close in six months.

  • A similar streak in 2018/2019 led to an over 316% BTC price rebound over five months.

  • Bitcoin price faces stiff resistance at $70,000-$72,000, where key trend lines converge.

Past multi-month downtrends were followed by 300% price gains

Historical price data from CoinGlass confirms Bitcoin printed its first green monthly candle in six months, closing March 2% higher after five straight months of losses.

“This is a massive dose of hopium,” analyst Ash Crypto said in an X post on Wednesday.

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The analyst was referring to a possible shift in momentum, which might lead to a sustained recovery, as seen in previous cycles.

Related: Crypto Fear & Greed Index stuck on ‘extreme fear,’ but is there a silver lining?

The last time this happened was in 2018/2019 when BTC closed February 2019 in green, after six consecutive red months, as shown in the figure below.

This led to a reversal with over 300% returns the following five months, as Bitcoin recovered from the 2018 bear market.

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“Last time BTC dumped 6 months in a row, it pumped the following 5 months in a row that came after!” trader Satoshi Flipper said in a Wednesday post on X.

Cryptocurrencies, Bitcoin Price, Markets, BTC Markets, Price Analysis, Market Analysis
Bitcoin monthly percentage returns. Source: CoinGlass

If history repeats itself, the reversal may continue in April, suggesting that BTC price may have bottomed at $60,000.

Bitcoin’s bullish monthly close is a ”catalyst for fresh inflows into early April,” Trader Caleb said, adding:

“April starts with momentum.”

Bitcoin has a well-established tendency for significant price swings in April.

Since 2013, April has been a green month for eight of the past 13 years, with average returns of about 12.2%

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However, Bitcoin also tends to move in the opposite direction to March in April, and this is true for nine out of the past 13 years. 

In recent years, Bitcoin dropped in April after closing March in green, three out of four times between 2021 and 2024. 

Therefore, while the end of past multi-month drawdowns suggests a rebound is due, data demonstrates that BTC price could also slide in April.

Watch these Bitcoin price levels next

Data from TradingView shows BTC price up 2.5% on the day to trade at $68,470 as the $69,000-$70,000 resistance remains in place.

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Analysts expect Bitcoin’s range-bound price action to continue for longer, with important price levels to look for in case of a breakout. 

These include the $70,000-$72,000 supply zone, coinciding with the 50-day simple moving average (SMA), the 50-day exponential moving average (EMA) and the 1w–1m cohort cost basis

This is also where investors acquired approximately 650,000 BTC, marking a potential point of sell pressure, according to the cost-basis distribution data from Glassnode.

Breaking above this level could see BTC/USD revisit the $76,000 range high and eventually the $80,000 psychological level.

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BTC/USD daily chart. Source: Cointelegraph/TradingView

Zooming out, trader Sheldon Diedericks said Bitcoin could “push into resistance” at $83,000 on the monthly time frame, a key support level from April 2025. The 200-day EMA is also close to this area.

BTC/USD monthly chart. Source: X/Sheldon Diedericks

On the downside, the 200-week EMA at $68,300 and the 200-week SMA at $59,400 remain key levels to watch. Below that, the next major level is Bitcoin’s realized price around $54,000.

As Cointelegraph reported, Bitcoin’s bear market bottom could be formed once BTC price drops toward or below its realized price.