ARK Invest Buys $59 Million in Crypto Stocks Amid Multi-Day Market Selloff
On December 16, 2025, ARK Invest purchased approximately $59 million in crypto equities during an ongoing multi-day market selloff.
The disclosed purchases included around $16.3 million of Coinbase shares, $5.2 million of Bullish, $10.8 million of Circle Internet Group, about $17 million of Bitmine Immersion Technologies, and $9.9 million of CoreWeave.
ARK’s existing holdings in these companies are substantial, with Coinbase valued at roughly $609 million, Circle Internet Group at $323 million, Bitmine at $275 million, Bullish at $194 million, and CoreWeave at $140 million.
The crypto stock prices were falling across the board during this period: Bitmine shares dropped over 11%, Circle was around 10% lower, CoreWeave declined about 8%, Coinbase fell more than 6%, and Bullish experienced a multi-day decline.
ARK Invest is known for buying assets during market drawdowns, adding exposure as crypto stock prices decline rather than chasing strength during rallies.
Their recent activity reflects this strategy, stepping in to add shares amid a broader market downturn that pushed listed crypto equities deeper into the red.
