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Article Bezinga News

Cathie Wood Doubles Down On Peter Thiel's Bullish, Ark Sells Taiwan Semiconductor Stock Amid Spike

Bezinga News May 22, 2026 · 3:02 am Read Original
Strong Bullish 89.0
−100 Bearish 0 +100 Bullish
Cathie Wood Doubles Down On Peter Thiel's Bullish, Ark Sells Taiwan Semiconductor Stock Amid Spike

On Thursday, Cathie Wood-led Ark Invest made significant trades, notably increasing its stake in Bullish Inc. (NYSE:BLSH) while reducing its position in Taiwan Semiconductor Manufacturing Co., Ltd. (NYSE:TSM). These trades reflect Ark’s strategic adjustments amid evolving market conditions.
The Bullish Trade
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 (BATS:ARKF), ARK Innovation ETF (BATS:ARKK), and ARK Next Generation Internet ETF (BATS:ARKW). The shares were acquired at a closing price of $35.96, amounting to an investment of approximately $5 million.
On Wednesday, Ark purchased 3.1 million worth of Bullish stock. The platform that allows users to trade in

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Article Info
Source Bezinga News
Published May 22, 2026 · 3:02 am
Article ID llies7l
Original URL Open source
Sentiment Signal
Strong Bullish 89.0
−100Neutral+100
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