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Ark Invest buys $12.5 million of Bullish stock in four days

CoinDesk
Ark Invest purchased $12.5 million in Bullish shares over four consecutive days, capitalizing on a recent downturn in crypto equity prices.

Summary

Cathie Wood’s Ark Invest has acquired $12.5 million worth of Bullish (BLSH) stock over four consecutive trading days. The firm frequently utilizes market dips in crypto-related equities as strategic entry points, even as BLSH shares experienced a decline of over 17% in the past two weeks amidst broader market volatility. Bullish is the parent company of CoinDesk.

(Source:CoinDesk)