ARK Invest has made significant investments in
crypto-related assets, including procuring $19M worth of
Block as it plummeted to $73. The company also bought 262,463 shares, enhancing Bitcoin Integration Strategy. Its increased focus is on
Block Inc., amid its Bitcoin accumulation. ARK also backed
Crypto Exchange Bullish's upsurge IPO Target to $990M. On the other hand, ARK dropped $12M in
Coinbase shares after loading up on Ether Treasury Firm
BitMine. The keen interest of ARK in Ethereum was evidently reflected in the subsequent sales of Coinbase stake generating $35.3M from BitMine. In contrast to selling a significant amount of Coinbase stocks, ARK Invest invested $47M in
Coinbase and
BitMine stocks during market fluctuations. The firm also purchased $18.6M from
Ether Strategy Firm BitMine amidst a market dip. An important shift was noticed towards
BitMine when ARK divested $19.5M in
Robinhood and
Coinbase. Securing a robust place in the market,
ARK Coin witnessed a surge of 75% in a single trading period.
ARK Coin News Analytics from Tue, 04 Mar 2025 08:00:00 GMT to Wed, 13 Aug 2025 00:05:00 GMT -
Rating +7
- Innovation +8
- Information +6
- Rumor -6
