Ark Invest Sells Net 46,395 MicroStrategy Shares, Cuts Stake 4.5%
MSTR•MSTR•MSTR•MSTR•Cathie Wood’s Ark ETFs sold net 46,395 MicroStrategy shares on July 6, reducing their holding by 4.5% to 980,000 shares valued at $366 million. Ark’s transactions accounted for roughly 35% of MicroStrategy’s trading volume that day, highlighting the firm’s significant influence on the stock’s liquidity and intraday moves.
On July 6, Ark Invest’s ETFs collectively sold a net 46,395 shares of MicroStrategy, trimming their stake by 4.5% to 980,000 shares valued at $366 million.
Ark’s transactions accounted for roughly 35% of MicroStrategy’s trading volume during the session, underscoring the impact of its trades on the stock’s liquidity and price movements.
This marks Ark’s first reduction in MicroStrategy since January and may reflect a broader reassessment of exposure to bitcoin-linked equities within growth-oriented portfolios.
