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Ark Invest buys Bullish stock for 9th straig
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Ark Invest buys Bullish stock for 9th straig
Ark Invest buys Bullish stock for 9th straight day in $11.6 million purchase
Ark Invest buys Bullish stock for 9th straight day in $11.6 million purchase
Ark bought around 2.1 million BLSH shares in the past nine trading days, valued about $58.8 million based on the stock's closing price each day.
By Jamie Crawley
Feb 12, 2026, 10:52 a.m.
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Ark Invest bought $11.6 million worth of shares in cryptocurrency exchange Bullish (BLSH) on Wednesday. (CoinDesk/Nik De)
What to know:
- Ark Invest bought $11.6 million worth of shares in cryptocurrency exchange Bullish on Wednesday, the ninth consecutive day the investment manager has bought the stock.
- The investment company has bought around 2.1 million BLSH shares over the period, worth about $58.75 million based on the stock's closing price each day.
- The Cathie Wood-led company also bought $33.8 million of crypto-friendly investment platform Robinhood (HOOD) shares and $4.37 million worth of stock in stablecoin developer Circle Internet (CRCL) on Wednesday.
Ark Invest bought $11.6 million worth of shares in cryptocurrency exchange Bullish (BLSH) on Wednesday, the ninth consecutive day the investment manager has added to its BLSH holdings.
The St. Petersburg, Florida-based company bought 364,134 shares in Bullish, which is also the parent company of CoinDesk, across three of its exchange-traded funds (ETFs).
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BLSH closed at $31.88 on Wednesday, 0.53% lower on the day. The New York Stock Exchange-listed shares had previously recovered from a low of around $24.15 on Feb. 5 amid bitcoin's BTC$68,080.62 fall below $63,000., They remain 15.82% lower year-to-date.
Ark has bought around 2.1 million BLSH shares in the last nine trading days, according to emailed disclosures from the firm, worth about $58.75 million based on the closing prices of the stock each day.
In addition to Bullish, the Cathie Wood-led company bought $33.8 million of crypto-friendly investment platform Robinhood (HOOD) shares and $4.37 million worth of stock in stablecoin developer Circle Internet (CRCL) on Wednesday. These equities dropped by 8.8% and 3.16% respectively.
With the cryptocurrency suffering an extended downturn, crypto-adjacent companies' shares are also at a low ebb, which Ark views as a buying opportunity.
ARK InvestBullish
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