ARK Invest purchases approximately 19 million USD worth of stocks related to cryptocurrency concepts

CycleProphet · 2026-02-04T12:31:09+00:00

ARK Invest has made large-scale purchases of stocks in multiple crypto companies for two consecutive days during the crypto market correction, investing approximately $19 million. The main increases include stocks of Circle, Bullish, Coinbase, and other companies, whose recent stock prices have been under pressure due to Bitcoin's decline.

CycleProphet

2026-02-04 12:31:09

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Deep Tide TechFlow News, February 4th, according to CoinDesk, ARK Invest made large-scale purchases of related stocks for two consecutive days during the cryptocurrency market correction. On Tuesday, the investment management firm led by Cathie Wood spent approximately $19 million to increase holdings in several cryptocurrency-related companies, including Circle (CRCL), Bullish (BLSH), Coinbase (COIN), Robinhood (HOOD), Bitmine Immersion Technologies (BMNR), and Block (XYZ). The day before, ARK had already invested more funds to buy HOOD, CRCL, and BLSH stocks. Recently, the stock prices of these companies have been under pressure and declining due to Bitcoin falling to $73,100 (the lowest point since the end of 2024).

BTC-3,96%

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