ARK Invest has intensified its investments in crypto-linked companies, reinforcing its positions in Bitmine, Bullish, and Robinhood on Thursday.
The renowned firm, directed by Cathie Wood, purchased 212,314 shares of Bitmine through three exchange-traded funds, resulting in a hefty investment valued at around $4.2 million. Following this acquisition, Bitmine's share price surged by 8%, reaching $21.47 by midday on Friday.
Additionally, ARK continued its trend of bolstering its stake in Bullish, acquiring 74,323 shares for approximately $2.4 million. This marked the firm’s eleventh straight day of increasing its investment in the crypto exchange. In response to this growing support, Bullish's share price rose 3.6% to $32.85.
Furthermore, ARK secured 174,767 shares in Robinhood, valued at $12.4 million, with the brokerage's stock climbing by 7.4% to $76.40.
As per ARK's latest filings, Bullish has become the ninth-largest investment within its ARKF ETF, currently holding a 3.4% weighting that is close to $30 million.
On the broader market front, the firm’s flagship ARK Innovation ETF saw a rise of 3.5% on Friday. However, despite this increase, the ETF remains down about 24% from its peak of $92, reached in October 2025, and is trading around $70.7 at the time of this report.