Share this article
Ark Invest Adds Nearly $40M of Crypto Equities for Second Day as Sell-Off Continues
The St. Petersburg, Florida-based investment manager added to its holdings in Coinbase, Bitmine Immersion Technologies, Circle Internet and Bullish.
Nov 21, 2025, 10:33 a.m.
Make us preferred on Google
What to know:
- Ark Invest bought another $38.7 million worth of shares in crypto companies on Thursday as the broader cryptocurrency market extended losses.
- The St. Petersburg, Florida-based investment manager added to its holdings in Coinbase, Bitmine Immersion Technologies, Circle Internet Group and Bullish.
- The CoinDesk 20 Index fell over 4.7% on Thursday.
Ark Invest bought $38.7 million worth of shares in crypto companies on Thursday as the broader cryptocurrency market extended its losses.
The purchases echo Wednesday's activity, when it bought a combined $39.6 million of Bullish (BLSH), Bitmine Immersion Technologies (BMNR) and Circle Internet (CRCL).
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The St. Petersburg, Florida-based investment manager purchased 42,419 shares in Coinbase (COIN), worth $10.1 million based on Thursday's closing price of $238.16, 7.44% lower on the day.
The CoinDesk 20 Index (CD20) fell over 4.7% on Thursday.
The Cathie Wood-led firm also bought 380,244 shares in Bitmine Immersion Technologies, worth just under $10 million, according to an emailed disclosure on Friday.
BMNR dropped by more than 10% to close at $26.02, its lowest point since adopting an Ethereum-focused digital treasury strategy in June.
Ark added 264,534 Bullish shares and 134,650 Circle Internet Group shares, worth around $9.7 million and $9 million respectively.
CRCL fell 4% on Thursday to $66.93, while BLSH held its own with a 0.3% rise to $36.30.
Crypto exchange Bullish's parent company is also the owner of CoinDesk.
More For You
‘Bitcoin to zero’ searches spike in the U.S., but the bottom signal is mixed
Google Trends data shows the term hit a record high in the U.S. this month, though global interest has fallen since peaking in August.
需要了解的:
- U.S. searches for “bitcoin zero” on Google hit a record high in February as BTC slid toward $60,000 after hitting a peak in October.
- In the rest of the world, searches for the term peaked in August, suggesting fear is concentrated in the U.S. rather than worldwide.
- Similar U.S. search spikes in 2021 and 2022 coincided with local bottoms.
- Because Google Trends measures relative interest on a 0-to-100 scale amid a much larger bitcoin user base today, the latest U.S. spike signals elevated retail anxiety, but does not reliably guarantee a clean contrarian reversal.
Top Stories
