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Cathie Wood Bitcoin - BEWARE! Deflation and Counter-party RISK… A CRASH is Coming!
Cathie Wood gives her Final WARNING about the DEFLATIONARY CRASH and COUNTER PARTY RISK she thinks is coming. If you follow Cathie Wood and her investment firm ARK invest, you may have taken notice that over the last 2 weeks, Cathie has been loading up on investments all related to one asset.
In the latest update from ARK invest, it was revealed that Cathie Wood has been buying the dip and has been buying the Grayscale Bitcoin Trust, now holding over 450,000 shares worth over 200 million dollars. On top of this, ARK invest has also been buying the top U.S based cryptocurrency exchange Coinbase, adding another 48, 977 shares, bringing their total holding to over 1 million shares worth a cool $250 million dollars. In her latest interview alongside Elon Musk and Jack, she explains firstly how a Nobel prize award winning economist is convinced Bitcoin will get to an 8 Trillion dollar market cap, or $426 thousand dollars and also HOW her Bitcoin investments tie into her DEFLATION and COUNTER-PARTY Risk Thesis.
Interestingly since March of 2020, we have seen inflation numbers take off worldwide. However going against the crowd is notable investor Cathie Wood and her investment firm ARK invest believe the opposite is going to happen and we are going to see a DEFLATIONARY Crash instead. The World and the majority investors have prepared for inflation, stacking into Bitcoin, Gold and other inflationary hedges.
Catherine Duddy Wood or better known as Cathie Wood is the founder, CEO, and chief investment officer of Ark Invest. Also named as the best stock picker of 2020 by Bloomberg News, Cathie Wood manages the world's largest actively traded ETF that focuses on disruptive technologies.
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