Ark Invest Buys $18M in Crypto Stocks, Including 10th Consecutive Bullish Purchase

CoinDesk

Release Time: 02/13/2026 12:30:45

Summary

Ark Invest added $18 million in crypto stocks on Thursday, continuing a bullish trend with a $2 million buy of Bullish (BLSH), a $12 million stake in Robinhood (HOOD), and $4 million in Bitmine (BMNR). This marks the 10th straight day Ark has bought crypto-adjacent equities. BLSH fell 0.53% to $31.71, HOOD dropped 8.9% to $71.12, while BMNR rose 1.39% to $19.74. Altcoins to watch may include those linked to firms gaining institutional traction.

Ark Invest added another $18 million worth of crypto-adjacent stocks to its holdings on Thursday, including a $2 million purchase of shares in cryptocurrency exchange Bullish (BLSH).

The St. Petersburg, Florida-based company also bought $12 million worth of crypto-friendly trading platform Robinhood (HOOD) and $4 million worth of ether ETH$1,958.40 treasury firm Bitmine Immersion Technologies (BMNR), according to an emailed disclosure on Friday.

Ark's investment in Bullish, the parent company of CoinDesk, extends its run of consecutive equity purchases in the crypto exchange to 10 days. Bullish shares fell 0.53% to $31.71 on Thursday.

BLSH shares have lifted from a trough of around $24 on Feb. 5 to trade either side of the $30 mark over the last week. They remain, however, more than 16% lower year-to-date.

HOOD shares fell 8.9% on Thursday, closing at $71.12 as U.S tech stocks sank, taking bitcoin BTC$67,046.17 with them.

Bitmine defied the broader market to rise 1.39% to $19.74.

Source:Show original

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.