According to ChainCatcher, ARK Invest founder Cathie Wood revealed that as Tesla's stock price approaches a temporary high, ARK has reduced its holdings and reallocated some of the profits into the cryptocurrency sector.
She stated that the team consistently employs this method for portfolio rebalancing: when a particular stock has a significantly larger increase compared to others, they take some profits; conversely, for assets that are at a low point and under pressure, they choose to increase their allocation to optimize the overall investment structure.
