Ark Invest expanded its exposure to crypto related equities with approximately 18 million in fresh purchases, reinforcing its commitment to digital asset infrastructure despite broader market volatility. The investment firm added positions across several companies tied to the cryptocurrency ecosystem, including exchange operators, trading platforms, and digital asset treasury firms.
Among the latest transactions was a 2 million purchase of shares in Bullish, marking the tenth consecutive day Ark has added equity in the crypto exchange. The continued accumulation suggests a sustained conviction in the exchange’s long term growth prospects even as digital asset markets experience heightened fluctuations. Bullish shares recently traded around the 31.71 level, down modestly in the latest session but recovering from early February lows near 24. Despite the rebound, the stock remains more than 16 percent lower year to date.
Ark also acquired roughly 12 million worth of shares in Robinhood, a trading platform widely recognized for its crypto friendly services and retail investor base. Robinhood shares declined 8.9 percent in the latest session, closing near 71.12, as broader technology stocks came under pressure. The pullback in equities coincided with renewed weakness in bitcoin and other digital assets, underscoring the persistent correlation between crypto markets and high growth tech companies.
In addition, Ark purchased approximately 4 million in shares of Bitmine Immersion Technologies, a firm focused on ether treasury operations. Unlike many technology stocks during the session, Bitmine managed to post a modest gain, rising about 1.39 percent to 19.74. The company’s business model centers on holding and managing ether as a strategic treasury asset, reflecting a growing trend among publicly listed firms to maintain direct exposure to digital assets.
Ark Invest, led by Cathie Wood, has consistently positioned itself as a long term supporter of blockchain technology and digital asset adoption. The firm’s strategy often involves accumulating shares during market drawdowns, emphasizing innovation driven sectors that it believes will deliver outsized growth over multi year horizons. By adding to crypto adjacent equities amid a period of softer token prices and reduced trading volumes, Ark appears to be maintaining its through cycle investment approach.
Crypto linked stocks have faced a challenging start to the year as bitcoin trades well below its recent peaks and investor sentiment remains cautious. However, institutional participation in digital asset infrastructure continues to expand, with firms seeking exposure not only to token prices but also to exchanges, brokerage platforms, and treasury focused entities that generate revenue from broader ecosystem activity.
Ark’s latest purchases signal ongoing institutional interest in companies positioned at the intersection of traditional finance and decentralized markets, even as short term price movements remain volatile across both equities and cryptocurrencies.
