Ark Invest buys $18 million of crypto stocks including 10th consecutive Bullish (BLSH) purchase
CoinDesk
Ark Invest purchased $18 million in crypto-adjacent stocks, including its tenth straight investment in Bullish (BLSH).Summary
Ark Invest increased its holdings by $18 million in crypto-related stocks on Thursday, according to an emailed disclosure. This included a $2 million purchase of shares in the cryptocurrency exchange Bullish (BLSH), marking the tenth consecutive day Ark has bought equity in the company, which is the parent of CoinDesk. Additionally, Ark bought $12 million worth of Robinhood (HOOD) shares and $4 million worth of ether treasury firm Bitmine Immersion Technologies (BMNR). On Thursday, Bullish shares closed down 0.53% at $31.71, while Robinhood shares fell 8.9% to $71.12 amid a broader decline in U.S. tech stocks. Conversely, Bitmine shares rose 1.39% to $19.74.
(Source：CoinDesk)