Ark Invest added another $18 million in cryptocurrency-adjacent stocks to its holdings on Thursday, including a purchase of $2 million in shares of cryptocurrency exchange Bullish (BLSH).
The St. Petersburg, Florida-based company also purchased $12 million in cryptocurrency-supported trading platform Robinhood (HOOD) and $4 million in ether. treasury firm Bitmine Immersion Technologies (BMNR), according to an emailed disclosure on Friday.
Ark’s investment in Bullish, CoinDesk’s parent company, extends its streak of consecutive stock purchases on the crypto exchange to 10 days. Bullish shares fell 0.53% to $31.71 on Thursday.
BLSH shares rose from a low of around $24 on February 5 to trade on either side of the $30 mark over the past week. However, they are still more than 16% lower so far this year.
HOOD shares fell 8.9% on Thursday to close at $71.12 as U.S. tech stocks sank, dragging down bitcoin with them.
Bitmine defied the broader market and rose 1.39% to $19.74.
