"Woodstock" Wudexue bought CrowdStrike (CRWD.US) on Monday, with the stock falling more than 13% on Monday.

Founder of Ark Invest, “Wood” Cathie Wood, bought nearly $12 million of shares of CrowdStrike (CRWD.US) after the stock fell 11% on global tech meltdown.

After a software update that affected millions of Microsoft Windows users globally, causing a series of outages and problems, the impact of which is still ongoing on Monday, Wood’s two exchange-traded funds (ETFs) bought CrowdStrike shares on the day of the tech meltdown.

The ARK Next Generation Internet ETF bought 27,061 shares at an average price of about $825,000, or 2% of the fund’s $1.45 billion in assets under management. The fund’s total assets under management are $14.5 billion.

The ARK Fintech Innovation ETF bought 11,534 shares at a cost of $3.52 million. These shares now make up 1.3% of the fund’s $8.935 billion in total assets under management.

Wood’s Ark Invest focuses on investing in disruptive, high-growth companies. Her funds had a huge rebound in 2020 and early 2021, but have been hit hard by persistent inflation and higher interest rates.

The ARK Next Generation Internet ETF has risen 29% over the past 12 months, but is still down 56% from its all-time high in February 2021. The ARK Fintech Innovation ETF has risen 25% over the past year, but is down 54% from its peak.

Despite this, Wood is still buying the stocks she likes, betting on a rebound. On Monday, the stock fell more than 13% after a downgrade in Wall Street’s rating and a price target cut.