Ark Invest Goes on a Buying Spree with Coinbase, Bullish, and Circle Stocks

• Ark Invest purchased around $39 million in crypto-related stocks during a major market dip.
• Coinbase, Circle, BitMine, and Bullish stocks all remain under heavy pressure.
• Coinbase shares dropped 7.44% to $238.16 while BitMine crashed 10.83%.

Cathie Wood’s Ark Invest executed its largest daily buying spree of the week and bought multiple crypto-linked equities through its ARKK, ARKW, and ARKF ETFs. The firm acquired $10.1 million in Coinbase, $9.9 million in BitMine, $9 million in Circle, and $9.65 million in Bullish exchange shares.

Along with crypto-related stocks, Ark also bought $16.8 million in Nvidia and $6.8 million in Robinhood.

Buying Into the Dip as Crypto Stocks Bleed

Ark Invest’s buyi…

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