Ark Invest added another $18 million worth of cryptocurrency-related stocks on Thursday, including a $2 million purchase of shares in cryptocurrency exchange Bullish (BLSH).
The St. Petersburg, Florida-based company also purchased $12 million worth of crypto-friendly trading platform Robinhood (HOOD) and $4 million worth of Ethereum Financial firm Bitmine Immersion Technologies (BMNR), according to an email disclosure on Friday.
Ark’s investment in CoinDesk parent company Bullish extends its streak of stock purchases on the cryptocurrency exchange to 10 days. Bull shares fell 0.53% to $31.71 on Thursday.
BLSH shares have recovered from a low of about $24 on February 5, trading above the $30 mark last week. However, they are still down more than 16% so far this year.
HOOD shares fell 8.9% on Thursday to close at $71.12 as U.S. tech stocks fell and Bitcoin fell. Be with them.
Bitcoin bucked the trend and rose 1.39% to $19.74.