{"id":47788,"date":"2025-09-06T20:54:09","date_gmt":"2025-09-06T13:54:09","guid":{"rendered":"https:\/\/hbbgroup.net\/ark-invest-boosts-crypto-bets-with-16m-bitmine-7-5m-bullish-stock-buys\/"},"modified":"2025-09-06T20:54:09","modified_gmt":"2025-09-06T13:54:09","slug":"ark-invest-boosts-crypto-bets-with-16m-bitmine-7-5m-bullish-stock-buys","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/vi\/ark-invest-boosts-crypto-bets-with-16m-bitmine-7-5m-bullish-stock-buys\/","title":{"rendered":"ARK Invest boosts crypto bets with $16M BitMine, $7.5M Bullish stock buys"},"content":{"rendered":"
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Cathie Wood\u2019s ARK Invest purchased $16 million in BitMine and $7.5 million in Bullish stock across three of its ETFs, boosting its crypto exposure. <\/p>\n

\"ARK<\/picture><\/div>\n
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Cathie Wood\u2019s ARK Invest has continued its crypto stock shopping spree, adding more shares of BitMine Immersion Technologies and crypto exchange Bullish across its flagship ETFs.<\/p>\n

According to trade disclosures from Friday, ARK\u2019s Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Fintech Innovation ETF (ARKF) collectively bought over 387,000 shares of BitMine and 144,000 shares of Bullish. <\/p>\n

Based on recent market prices, the purchases amount to roughly $16 million in BitMine and $7.5 million in Bullish stock.<\/p>\n

The biggest BitMine buy came from ARKK with 257,108 shares, followed by ARKW with 83,082 and ARKF with 47,135. For Bullish, ARKK again led with 81,811 shares, while ARKW and ARKF added 39,597 and 22,498 shares, respectively.<\/p>\n

Related: <\/strong><\/em>Cathie Wood\u2019s ARK Invest buys another $15M of ETH firm BitMine<\/strong><\/em><\/a><\/p>\n

ARK continues to buy Bullish <\/h2>\n

The latest round of allocations builds on ARK\u2019s August move, when the firm scooped up 2.53 million Bullish shares<\/a> on its first trading day, investing about $172 million across all three ETFs. <\/p>\n

As reported, Bullish\u2019s stock surged 83.8% during its IPO session<\/a> and raised $1.1 billion, making it one of the year\u2019s most-watched public listings in crypto.<\/p>\n

Bullish shares were up 6% on Friday. Source: Google Finance<\/em><\/figcaption><\/figure>\n

Bullish, which owns CoinDesk and operates a global crypto exchange, went public via a traditional IPO<\/a> after its 2021 SPAC deal collapsed. The company runs regulated entities across Hong Kong, Gibraltar, Singapore, the UK and other jurisdictions.<\/p>\n

Related:\u00a0<\/strong><\/em>CoinDesk owner Bullish ups IPO goal to $1B as Wall Street backs crypto push<\/strong><\/em><\/a><\/p>\n

BitMine adds $65M in ETH<\/h2>\n

On Thursday, BitMine, the largest corporate holder of Ether (ETH<\/a>), purchased another $65 million worth of ETH<\/a> through six OTC transactions via Galaxy Digital. This latest acquisition pushes BitMine\u2019s holdings to more than 1.5% of Ethereum\u2019s circulating supply, all bought with cash and no leverage.<\/p>\n