Cathie Wood's Wednesday Moves: Ark Dumps Bitcoin-Heavy Block Again, Doubles Down On AMD's AI Chip Rally (CORRECTED)

Shivdeep Dhaliwal

July 30, 2025

Editor’s Note: The headline has been corrected from the original version to ensure accuracy and clarity

On Wednesday, Cathie Wood-led Ark Invest executed notable trades, including a significant purchase of Advanced Micro Devices Inc. (NASDAQ:AMD) shares. On the same day, Ark also sold shares of Block Inc. (NYSE:XYZ).

The AMD Trade

Ark Invest’s ARK Space Exploration & Innovation ETF (BATS:ARKX) acquired 3,351 shares of AMD. This purchase aligns with AMD’s recent momentum, as the company raised the price of its MI350 AI chip by $10,000, bringing it to $25,000 per unit. This price adjustment indicates AMD’s increasing confidence in its position against competitors like Nvidia. The trade value for AMD shares, based on the latest closing price of $179.51, was $601,538. Notably, AMD shares have shot up almost 13% over the last five days.

The Block Inc. Trade

In another significant move, the Ark Fintech Innovation ETF (BATS:ARKF) sold 12,061 shares of Block on the same day. Block shares ended the day at $77.59, making this transaction worth $935,812.

This sale comes as Block co-founder Jack Dorsey announced that his decentralized messaging app, Bitchat, has entered the top 200 free apps on Apple’s App Store. Block is a company that is centered around the largest cryptocurrency, Bitcoin (CRYPTO: BTC)

Notably, Ark sold $1.5 million worth of Block shares on Tuesday. These sales come amid buzz centered around Block’s inclusion in the S&P 500.

Other Key Trades:

Purchased 328,531 shares of SoFi Technologies Inc. (SOFI) through ARKK.
Sold 60,689 shares of Roku Inc. (ROKU) via ARKK and 6,504 shares through ARKW.
Bought 167,687 shares of PagerDuty Inc. (PD) in ARKK and 53,871 through ARKW.
Sold 43,703 shares of Joby Aviation Inc. (JOBY) through ARKQ and 14,036 through ARKX.

Benzinga’s Edge Stock Rankings for AMD indicate the stock checks out on Short, Medium and Long Price Trends. Discover how it fares on other parameters.

Photo Courtesy: ChrisStock82 on Shutterstock.com

Read Next:

Trump Is Yet To Sign A Trade Deal With Over 85% Of Humanity -- Here Are The Major Countries That Are Yet To Sign

This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

Recommended

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

FDA Submission Expected This Summer - Invest Before It Happens - Ad

Is Your Capital Following a Real Strategy? - Ad

Marjorie Taylor Greene has bought stocks multiple times in 2025 and her recent disclosure adds to one of the stocks that drew the biggest red flags in 2025.

Dan Bongino Stunned by FBI's Recent Corruption Findings: 'I'll Never Be the Same After Learning What I've Learned'

FBI Deputy Director Dan Bongino has expressed deep concern over the discoveries of government corruption and weaponization.

Trading Isn't Your Job. Let the System Handle It.

Trading Isn't Your Job. Let the System Handle It. - Ad

HiveMind AI handles trades for you-based on logic, not gut instinct. Built by pro traders. Runs 24/7. No emotions. No second-guessing. Want to deploy capital smarter?

Texas AG claimed three homes as primary residence. Democrats are being probed for similar issue

WASHINGTON (AP) — Texas Attorney General Ken Paxton and his wife, Angela, are longtime owners of a $1.5 million house in a gated community outside Dallas. In 2015, they snapped up a second home in Austin. Then another.

Coldplay's jumbotron captures — what exactly? The internet has its theories

LONDON (AP) — It started out as a routine bit of fun at a Coldplay concert: Lead singer Chris Martin asked the cameras to scan the crowd for his “Jumbotron Song,” when he sings a few lines about the people the camera lands on.

The Surprising New Date That Could Fuel the AI Boom

The Surprising New Date That Could Fuel the AI Boom - Ad

Trump's economic blueprint is about to go live, and the deadline is fast-approaching. A new federal plan could legally unlock $100 trillion in U.S. resources... and one $10 stock could lead the charge. Former hedge fund manager Whitney Tilson explains how to act now, before this hits the headlines.

At 14, Jamie Dimon Owned His First Stock, Watched A 45% Market Crash Only To Learn This Investment Lesson: 'History Does Rhyme'

Jamie Dimon, the CEO of JPMorgan Chase & Co., revealed the pivotal investment lesson he learned as a teenager.

AMD Stock Is Sliding Tuesday: What's Driving The Action?

Shares of Advanced Micro Devices are trading lower Tuesday afternoon. The stock is caught in a broader downturn affecting the semiconductor industry.

Weiss Gold Veteran Makes Shocking New Call

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Marjorie Taylor Greene's Berkshire Hathaway Investment Falters After She Bought The Shares At April Lows — What If She Had Chosen Bitcoin Instead?

Rep. Marjorie Taylor Greene (R-Ga.) has been one of the most active stock investors from the political fraternity, and several of her trades have received significant media attention.

Is Costco Stock Topping Out? Key Price Levels To Watch

Costco stock (COST) may have formed a long-term peak. Adhishthana Principles suggest the next move could define the stock's future trajectory.

How to Hack a $1.3T Market

How to Hack a $1.3T Market - Ad

Forget concrete. The new foundation for real estate success is digital, and Pacaso leads the way. Their tech unlocks a $1.3T real estate market. They've already earned $110M+ in gross profits in their operating history and reserved the Nasdaq ticker PCSO.

Peter Thiel Effect? Cathie Wood Pours $175 Million Into Bitmine Immersion Stock As Founders Fund Backing, Ethereum Spike Fuels Buzz

Ark Invest, led by Cathie Wood, made significant trades on Monday.

Bitcoin Rises Amid Falling Dollar; Ethereum, Dogecoin Dip: Analyst Warns Gold Movement Toward All-Time High 'Not A Great Sign' For ETH, Altcoin Investors

Bitcoin rose, but other major coins pulled back Tuesday as investors weighed the implications of a falling U.S. dollar and yields on government debt.

Back the Biotech Company Unlocking Mushroom Health Benefits for All

Back the Biotech Company Unlocking Mushroom Health Benefits for All - Ad

Functional mushrooms can boost mental, gut, and immune health-but people can't grow them at home. One company is making it easy with a patent-pending kitchen device. Think Nespresso, but for mushrooms. The functional mushroom market is projected to nearly double by 2030.

Nvidia's CEO Hits Beijing Like A Rockstar, Stirs Jensen-Mania In China

Nvidia CEO Jensen Huang receives a rockstar reception in Beijing during his most recent visit last week.

Creating realistic deepfakes is getting easier than ever. Fighting back may take even more AI

WASHINGTON (AP) — The phone rings. It's the secretary of state calling. Or is it?

Back This Medical AI Tech

Back This Medical AI Tech - Ad

You don't often find healthcare tech company valued at $4M. HeartSciences is an exception. With $75M invested, including R&D, clinical trials, and product development, their patented AI software is approaching FDA submission, a potential major inflection point.

Bitcoin Could Explode to $136,000 if This Happens, Says Analytics Firm

In a recent prediction by analytics platform Glassnode, Bitcoin‘s (CRYPTO: BTC) value could potentially surge by roughly 15%, reaching a staggering $136,000, if current demand continues. However, there is a possible hitch to this prediction.

Stellantis warns of $2.7 billion loss for 1st half of 2025 due to tariffs and some big charges

Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a 2.3 billion euros ($2.68 billion) net loss in the first half of the year due to U.S. tariffs and some hefty charges.

Tap Into the $65B 'Shroom Boom'

Tap Into the $65B 'Shroom Boom' - Ad

People are rapidly discovering how mushrooms can enhance brain function, gut health, immunity, and more. The only thing holding them back? A simple way to grow them. Hypha Labs built a compact countertop device to solve exactly that.

Western Digital Stock Climbs As Q4 Revenue, EPS Top Estimates Driven By Strong Cloud Momentum

Western Digital shares are rising in extended trading Wednesday after the company reported better-than-expected financial results and issued strong guidance.

Oklo Stock Hit A New 52-Week High Today: What's Driving The Action?

Shares of advanced nuclear technology company Oklo are trading higher Thursday. The company announced a strategic alliance with Liberty Energy on Wednesday.

Better Than Bitcoin? (Top Crypto for Less Than $1)

Better Than Bitcoin? (Top Crypto for Less Than $1) - Ad

Over the past 15 years, Bitcoin has outperformed stocks, bonds, and every other asset you could've bought. 2025 is already shaping up to be another banner year, with Bitcoin recently hitting a new all-time high. But there's a better way to profit from this new crypto rally. Most people don't know about it... and yet it's returned over 1,000% in 4 months. This could be the #1 way to invest in crypto right now.

Samsung Electronics Shares Fall 2.54% Following Tesla's $16.5 Billion AI Chip Manufacturing Agreement

Samsung Electronics Co. Ltd. shares declined 2.54% following Tesla Inc.'s confirmation of a $16.5 billion chip manufacturing partnership.

NYU Professor Warns Companies Against Moving Cash Into Bitcoin — Unless You're Strategy, PayPal, Or A Meme Stock: 'This Is A Bad Idea'

NYU finance professor Aswath Damodaran is urging caution regarding corporate Bitcoin holdings, which have gained traction in recent years, with just four notable exceptions.

FDA Submission Expected This Summer - Invest Before It Happens

FDA Submission Expected This Summer - Invest Before It Happens - Ad

This company is making heart disease easier to detect with AI. Their tech has officially been designated a "Breakthrough" by the FDA. You now have an opportunity to get in at a potential inflection point.

US automakers say Trump's 15% tariff deal with Japan puts them at a disadvantage

WASHINGTON (AP) — U.S. automakers are concerned about President Donald Trump's at 15%, saying they will face steeper import taxes on steel, aluminum and parts than their competitors.

Shiba Inu Could Surge 3,000% and Overtake Dogecoin by 2026, Say Analysts

Memecoin Shiba Inu (CRYPTO: SHIB) is expected to outperform Dogecoin (CRYPTO: DOGE) in the forthcoming bull cycle, as per analysts’ predictions.

Is Your Capital Following a Real Strategy?

Is Your Capital Following a Real Strategy? - Ad

Trade with $100K-$200K funded capital-no manual trading. Our AI system skips charts, eliminates stress, and lands you funding. Thousands passed prop challenges with us. Apply now, book a call, and have $10K ready.

Jamie Dimon Reveals A Coffee Table Chat With Jeff Bezos In 1999 That Almost Made Him 'Never Wear A Suit Again…Live On A Houseboat'

JPMorgan Chase CEO Jamie Dimon almost left Wall Street for Amazon in 1999 after a chat with Jeff Bezos, but ultimately stayed and became a successful investor.

Trump Slaps 35% Tariff On Canadian Goods, Hits 68 Other Nations With New Trade War Amid Fentanyl, Security, China Tensions

Trump imposed sweeping tariffs of up to 41% on 69 countries—including 35% on Canadian goods—citing fentanyl, security, and trade imbalances.

Trading Isn't Your Job. Let the System Handle It.

Trading Isn't Your Job. Let the System Handle It. - Ad

HiveMind AI handles trades for you-based on logic, not gut instinct. Built by pro traders. Runs 24/7. No emotions. No second-guessing. Want to deploy capital smarter?

Takeaways from the AP's reporting on Trump's business deals

WASHINGTON (AP) — From crypto coins to overseas development deals to an upcoming line of cellphones, President Donald Trump's family businesses have raked in hundreds of millions of dollars since his election.

$500 Billion Stumble: SoftBank–OpenAI's Massive AI Vision Faces Setbacks

Stargate has run into major delays and now plans to build a much smaller facility by the end of 2025.

The Surprising New Date That Could Fuel the AI Boom

The Surprising New Date That Could Fuel the AI Boom - Ad

Is KBR About To Land An $8 Billion Indonesia Deal?

Indonesian Economic Minister announced plans for $8 billion refinery contract with KBR Inc., part of broader trade deal with US. $34 billion in potential deals.

Rocket Lab, AST SpaceMobile And Circle Internet Are Among Top 10 Large Cap Losers Last Week (July 14-July 18): Are The Others In Your Portfolio?

Top performers last week: JOBY, MP, SMR, RKLB, ASTS, U, FRHC, OKLO. Are they in your portfolio? JOBY expands, MP partners with Apple, SMR gains from DOE program.

Weiss Gold Veteran Makes Shocking New Call

Weiss Gold Veteran Makes Shocking New Call - Ad

Wisconsin man pleads guilty to smuggling lab equipment to Russian companies

MADISON, Wis. (AP) — A Wisconsin man pleaded guilty Tuesday to smuggling lab equipment to Russian companies in violation of trade sanctions the United States imposed after Russia invaded Ukraine.

Trending Now

Jim Cramer Recommends This 'Really, Really Good' Energy Stock

These 3 Dividend-Yielding Stocks Could Outperform As High Fed Rates Spark $4.9 Billion Inflows: Expert

How to Hack a $1.3T Market - Ad

Back This Medical AI Tech - Ad

Trump Celebrates Stephen Colbert's Late Show Cancellation, Slams CBS And Calls Host Talentless Amid Paramount Settlement Controversy

FDA Lifts Safety Hold On Sarepta's Muscular Dystrophy Gene Therapy—Wall Street Cheers

FDA Submission Expected This Summer - Invest Before It Happens - Ad

Elon Musk's X Accused Of Algorithm Manipulation And 'Fraudulent Data Extraction' In France: Telegram's Pavel Durov Says Any Tech Company Can Now Be Called A 'Criminal Gang'

Britain and Australia to sign 50-year nuclear submarine treaty

Is Your Capital Following a Real Strategy? - Ad

Schlumberger, Stellantis And ASML Holding Are Among Top 10 Large Cap Losers Last Week (July 14-July 18): Are The Others In Your Portfolio?

How to Hack a $1.3T Market - Ad

Back This Medical AI Tech - Ad

Trump Says $550 Billion Trade Deal With Japan Reached That Will Create 'Hundreds Of Thousands' Of Jobs: 'There Has Never Been Anything Like It' (CORRECTED)