Cathie Wood's Ark buys $11.6 million of Bullish (BLSH) shares in 9th straight day of purchases
CoinDesk
Ark Invest purchased $11.6 million in Bullish (BLSH) shares on Wednesday, marking the ninth consecutive day of buying.Summary
Ark Invest, led by Cathie Wood, continued its buying spree by purchasing $11.6 million worth of shares in cryptocurrency exchange Bullish (BLSH) on Wednesday, marking the ninth straight day the firm has added to its holdings. This purchase involved 364,134 shares across three of Ark's ETFs. Based on closing prices, Ark has acquired approximately 2.1 million BLSH shares over the last nine trading days, valued at about $58.75 million. Bullish shares, which closed at $31.88 on Wednesday, have seen a recent dip following a broader cryptocurrency downturn, a situation Ark appears to view as a buying opportunity. On the same day, Ark also bought $33.8 million of Robinhood (HOOD) and $4.37 million of Circle Internet (CRCL) stock.
(Source：CoinDesk)