Cathie Wood Loads Up In This Crypto Stock As It Crashes 25% On Tuesday — These Are Other Key Trades

Cathie Wood’s Ark Investment Management on Tuesday raised its exposure in Silvergate Capital Corp (NYSE:SI) on the day shares of the cryptocurrency bank plummeted after reporting lower-than-expected quarterly results on higher expenses.

The St. Petersburg, Florida-based Ark Invest on Tuesday bought 79,870 shares — estimated to be worth $8.3 million — in Silvergate Capital.