10:38
Ark Invest, led by Cathie Wood, has increased its holdings of cryptocurrency stocks by nearly $40 million, including CRC and BMNR.
On Wednesday, as the overall cryptocurrency market fell, Ark Invest went against the trend by increasing its holdings in three cryptocurrency companies worth $39.6 million. An email disclosed that Cathie Wood's investment management firm Ark Invest purchased 463,598 shares of Bullish (BLSH), valued at $16.9 million at the close. The company also bought 216,019 shares of stablecoin issuer Circle Internet Group (CRCL) and 260,651 shares of Ethereum asset management company Bitmine Immersion Technologies (BMNR), valued at $15.1 million and $7.6 million, respectively.

