Cathie Wood Doubles Down On Peter Thiel's Bullish, Ark Sells Taiwan Semiconductor Stock Amid Spike
Key takeaways
- On Thursday, Cathie Wood-led Ark Invest made significant trades, notably increasing its stake in Bullish Inc. while reducing its position in Taiwan Semiconductor Manufacturing Co., Ltd..
- The shares were acquired at a closing price of $35.96, amounting to an investment of approximately $5 million.
- Here are the 5 hires founders most often misjudge — and why
Cathie Wood Doubles Down On Peter Thiel's Bullish, Ark Sells Taiwan Semiconductor Stock Amid Spike Cathie Wood Doubles Down On Peter Thiel's Bullish, Ark Sells Taiwan Semiconductor Stock Amid Spike Shivdeep Dhaliwal Mon, May 25, 2026 at 4:46 PM GMT+7 6 min read TSM BLSH BTC-USD ETH-USD ARK-USD Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
On Thursday, Cathie Wood-led Ark Invest made significant trades, notably increasing its stake in Bullish Inc. while reducing its position in Taiwan Semiconductor Manufacturing Co., Ltd.. These trades reflect Ark’s strategic adjustments amid evolving market conditions.
Ark Invest made a substantial investment in the Peter Thiel-backed Bullish on Thursday, purchasing a total of 139,117 shares across its ARK Blockchain & Fintech Innovation ETF, ARK Innovation ETF, and ARK Next Generation Internet ETF. The shares were acquired at a closing price of $35.96, amounting to an investment of approximately $5 million.