ARK Invest adds to Bit Mining shares... expands investment in digital asset-related stocks
Summary
- ARK Invest has recently additionally purchased 380,244 shares of Bit Mining.
- ARK Invest has stated that it is continuously increasing stakes in digital asset-related stocks such as Circle, Bullish, and Bit Mining.
- This buying trend shows a strengthening investment in core companies of the digital asset infrastructure and trading ecosystem.
ARK Invest is aggressively expanding its investments in companies related to digital assets (cryptocurrencies).
On the 20th (local time), ARK Invest was shown to have additionally purchased 380,244 shares of Bit Mining. On the previous 19th, ARK Invest had also purchased $17.7 million of Circle shares, $16.9 million of Bullish shares, and $7.6 million of Bit Mining shares through three ETFs. This effectively increased stakes in core companies that make up the digital asset infrastructure and trading ecosystem at the same time.
This buying momentum has continued since early this week. ARK Invest also bought about $10.18 million of Bullish shares on Monday. It has been consecutively increasing its stakes in Coinbase, Circle, and Bullish.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
