Ark Invest buys shares in Peter Thiel-backed Bullish for 10 straight days
The Block
Ark Invest purchased $11.6 million worth of Bullish shares for the tenth consecutive day, also buying Circle stock.Summary
Cathie Wood’s Ark Invest continued to demonstrate its conviction in crypto by purchasing shares in Bullish for the tenth straight trading day, acquiring 364,044 shares valued at $11.6 million based on Wednesday's closing price. Bullish, which is backed by Peter Thiel, has seen its stock price recover 28.3% over the past five days after hitting a low on February 9th. Additionally, Ark bought 75,559 shares of Circle, the USDC issuer, worth approximately $4.4 million. This activity occurred while major equity indexes edged lower and major cryptocurrencies like Bitcoin and Ether saw slight gains.
(Source：The Block)