Ark Invest doubled down on crypto-linked equities this week, adding roughly $18 million to its holdings on Thursday, according to an emailed disclosure on Friday. The St. Petersburg, Florida-based firm bought: - $12 million of Robinhood (HOOD), the crypto-friendly trading platform, - $4 million of Bitmine Immersion Technologies (BMNR), an ether-treasury-focused miner, and - $2 million of Bullish (BLSH), the parent company of CoinDesk. The small Bullish purchase marks Ark’s 10th straight day of buying the exchange’s shares — a clear signal that the firm is steadily accumulating exposure to crypto-exchange equities. Bullish stock dipped 0.53% on Thursday to $31.71. After sliding to a trough near $24 on Feb. 5, BLSH has climbed back to hover around the $30 level over the past week, though it remains more than 16% lower year-to-date. Robinhood was hit harder amid a broader tech sell-off, dropping 8.9% to close at $71.12 on Thursday. That slide coincided with a pullback in bitcoin, which was trading around $67,284.66 at the time. By contrast, Bitmine bucked the trend and rose 1.39% to $19.74. Taken together, the purchases underscore Ark’s continued appetite for companies tied to crypto markets — blending exposure to retail trading platforms, exchange operators, and ether-focused miners as part of its broader strategy. Read more AI-generated news on: undefined/news

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