Ark Invest Buys $42M Worth of Circle, Bullish, BitMine on Stock Declines

Cathie Wood’s Ark Invest purchased a total of $42.2 million in shares of Circle Internet Financial, Bullish, and BitMine Immersion Technologies on Wednesday, according to a trade filing.

The buys were made across the ARK Innovation, Next Generation Internet, and Fintech Innovation ETFs as the stocks fell sharply.

• Circle: Bought $17.7M as shares fell ~9%.
• Bullish: Bought $16.9M as shares fell ~3.6%.
• BitMine: Bought $7.6M as shares fell ~9.6%.

The purchases occurred during a broader crypto market pullback, with Bitcoin trading down from its recent highs. Bullish, despite the stock drop, reported a profitable third quarter.