ARK Invest: Bitcoin holdings by staunch believers surged 69% in Q1, hitting a new high since 2020.

CoinFeed reported on April 24 that, according to Cointelegraph, an ARK Invest report showed that despite a 22% drop in Bitcoin prices in the first quarter, the holdings of "Conviction Buyers" increased from 2.13 million BTC to 3.6 million BTC, a 69% increase and the highest level since 2020.