ARK Invest has significantly increased its stake in the cryptocurrency sector by purchasing shares in key companies, including Robinhood and Bullish. On Thursday, the investment firm acquired a total of 212,314 shares of Bitmine, valued at approximately $4.2 million. This move coincided with a notable 8% rise in Bitmine”s share price, which climbed to $21.47 by midday Friday.
In addition to Bitmine, ARK Invest added 74,323 shares of Bullish, amounting to around $2.4 million. This marks the eleventh consecutive day of increasing their holdings in the crypto exchange, with Bullish shares rising 3.6% to $32.85 following the announcement. Currently, Bullish is the ninth-largest holding in the ARK Next Generation Internet ETF (ARKF), representing a 3.4% weight in the fund, valued at nearly $30 million.
Moreover, ARK Invest acquired 174,767 shares of Robinhood for $12.4 million. The brokerage platform”s shares saw a notable increase of 7.4%, reaching $76.40 upon the disclosure of ARK”s investment.
The recent acquisitions come as ARK Invest undertakes a substantial $18 million buying spree in crypto stocks. Despite the downturn in the market, characterized by Bitcoin”s decline of more than 47% from its peak in October 2025, ARK”s strategy reflects a strong belief in the long-term potential of digital assets and related financial services.
This expansion in holdings occurs against a backdrop of recent volatility in the crypto market. For instance, Coinbase reported a staggering $667 million loss in the fourth quarter, alongside a year-over-year revenue decline of about 20%. This has influenced trading volumes and investor sentiment considerably.
ARK Invest”s commitment to increasing its exposure to crypto-linked stocks illustrates its strategy to capitalize on the growing adoption of digital assets. The firm, led by Cathie Wood, continues to build its position in the market, signaling confidence in the future of cryptocurrency despite current challenges.
As ARK Invest continues to navigate the tumultuous waters of the crypto market, its moves serve as a barometer for investor sentiment and potential future trends in digital asset investments.
