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The recent price dips of bitcoin have given many investors the chance to accumulate BTC at a relatively low price. For instance, asset management company Ark Investment Management, led by Cathie Wood, used the chance to snap up almost $20 million worth of bitcoin.

“According to a filing with [the U.S. Securities and Exchange Commission], Ark Invest, a hedge fund focusing on innovative development, has purchased $19,872,939 worth in bitcoin,” BTC Manager reported, without revealing a specific time of the investment.



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