ARK Invest Increases Crypto Holdings with $25.4 Million Purchases Amid Market Slide
On December 18, 2025, ARK Invest disclosed an additional $25.4 million investment in crypto stocks during a day of market decline. The firm's purchases included shares of Bitmine Immersion Technologies (BMNR), Bullish (BLSH), and Coinbase (COIN).
ARK acquired 360,232 shares of BMNR valued at approximately $10.6 million at market close, despite BMNR's stock falling over 6.5% to $29.32 that day. Additionally, ARK bought $8.85 million worth of BLSH shares, which fell 1.93% to $42.15, and $5.91 million of COIN shares, with COIN's price declining 8.6% to $244.19.
The broader market context saw Bitcoin spike near $90,000 in the morning but close the day just above $86,000, down about 2% overall. This purchase follows nearly $60 million of crypto-stock acquisitions by ARK on the prior Monday. The pattern of increasing exposure during price downturns aligns with ARK Invest's strategy, led by Cathie Wood, to supplement crypto ETF holdings amid market dips seeking greater value.
