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Michael Saylor · Cathie Wood · Bitcoin ETF ·

Cathie Wood, CEO of Ark Invest, joined in on the party but kept her response sharp but curt

2 min read

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Shiraz Jagati.

It has many lives ahead,” Wood replied, before plugging Ark’s latest Bitcoin Brainstorm session on artificial intelligence (AI) and bitcoin.

Key facts

Summary

Jason Calacanis called bitcoin a bouncing “dead cat” as bitcoin’s price cleared $81,000, prompting immediate replies from Michael Saylor and Cathie Wood. Calacanis ranted against bitcoin calling it a futile investment, even though prices are climbing at the moment. U.S. spot bitcoin ETFs took in $433 million on Sept. 18, led by Fidelity’s FBTC at $311 million. TAO, which Calacanis had postured as a 200x bet in March, is down about 24% while bitcoin gained 15%. Calacanis, a popular angel investor and co-host of the All-In podcast, opened with “the dead cat continues to bounce,” and attached a one-year chart of BTC down 30.75%, with a cat emoji dropped in the middle.

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#Michael Saylor #Cathie Wood #Bitcoin ETF