Ark Invest buys $18 million of crypto stocks including 10th consecutive Bullish (BLSH) purchase

Share This Post

Ark Invest added another $18 million worth of crypto-adjacent stocks to its holdings on Thursday, including a $2 million purchase of shares in cryptocurrency exchange Bullish (BLSH).

The St. Petersburg, Florida-based company also bought $12 million worth of crypto-friendly trading platform Robinhood (HOOD) and $4 million worth of ether treasury firm Bitmine Immersion Technologies (BMNR), according to an emailed disclosure on Friday.

Ark’s investment in Bullish, the parent company of CoinDesk, extends its run of consecutive equity purchases in the crypto exchange to 10 days. Bullish shares fell 0.53% to $31.71 on Thursday.

BLSH shares have lifted from a trough of around $24 on Feb. 5 to trade either side of the $30 mark over the last week. They remain, however, more than 16% lower year-to-date.

HOOD shares fell 8.9% on Thursday, closing at $71.12 as U.S tech stocks sank, taking bitcoin with them.

Bitmine defied the broader market to rise 1.39% to $19.74.

Related Posts

Polymarket World Cup Winner Markets Cross $1.8B in Volume as France-Spain Group Stage Opens

Polymarket's 2026 FIFA World Cup prediction markets have accumulated...

Prediction Market Need Measured Approach to Insider Trading

Prediction market regulators should consider a measured approach to...

What next for bitcoin as it faces headwinds from Fed rates to Claude’s Mythos

Anthropic released Claude Fable 5 on Tuesday, its most...

Bitcoin ETF assets slide to $77.6 billion, lowest since Trump won the election

Bitcoin BTC$62,194.32 spot exchange-traded funds (ETFs) have fallen out...

Bernstein sees AI trade, not quantum fears, behind bitcoin’s (BTC) weakness

Bitcoin's BTC$62,194.32 recent weakness is being driven by softer...