Ark Invest buys $12.5 million of Bullish stock in four days
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- Ark Invest bought $5 million of Bullish (BLSH) shares on Thursday, marking the fourth consecutive day of purchases.
- Ark Invest has accumulated $12.5 million in BLSH purchases since Monday, according to disclosed closing prices.
- Bullish (BLSH) stock closed at $35.96 on Thursday, down 0.2% and more than 17% lower than two weeks earlier.
- Ark Invest leverages broader digital‑asset market declines as entry points for crypto‑related equities.
Why it matters: Bullish shareholders receive a $12.5 million infusion from Ark Invest, a notable purchase during a 17% price decline, highlighting a firm’s confidence in crypto equities amid a broader market slump.
