ARK Invest Doubles Down on Crypto with $23.5M Buy Spree

Cathie Wood’s ARK Invest significantly boosted its crypto holdings this week, purchasing nearly 400,000 shares of BitMine and over 140,000 shares of Bullish. The strategic investments, totaling approximately $16 million in BitMine and $7.5 million in Bullish, reflect ARK’s continued confidence in the future of crypto-related equities. These purchases are part of a larger trend as institutional interest in digital assets continues to grow.