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Cathie Wood's Ark Invest purchased $17.3 million in Circle shares and $20 million in SpaceX shares on Wednesday, following Q2 results from both companies.
Ark Invest's purchase of Circle (CRCL) shares came as the stablecoin firm reported Q2 revenue of $701 million, up 7% year-over-year, with USDC in circulation rising 19% to $73.3 billion. Meanwhile, Ark bought SpaceX (SPCX) shares after they plunged 13.61% to $108.27, despite a 92% revenue jump to $7.8 billion in Q2, with investors concerned about a sixfold increase in capital expenditure to $18.4 billion.
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Source：The Block · Source Link
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