Ark Invest has invested $5 million in Bullish (BLSH) stock on Thursday, marking the fourth consecutive day of purchasing BLSH shares.
Ark frequently capitalizes on broader downturns in digital assets, which tend to depress crypto equities, as a strategic entry point into cryptocurrency firms.
By Jamie Crawley| Edited by Oliver Knight May 22, 2026, 10:45 a.m. 1 min read
Crypto platform Bullish is now publicly traded on the New York Stock Exchange. (CoinDesk/Nik De)Key Details:
- Ark Invest has accumulated $12.5 million in shares of the crypto company since Monday, based on stock closing prices.
- On Thursday, BLSH shares ended down 0.2% at $35.96.
- The stock has seen a decline of over 17% in the past two weeks during a period when Bitcoin (BTC) struggled to surpass the $80,000 mark.
According to disclosures via email, Ark Invest has now invested a total of $12.5 million in Bullish since Monday, with the recent acquisition of $5 million on Thursday.
Shares of BLSH closed at $35.96, reflecting a slight decrease of 0.2%. The stock has dropped more than 17% over the last fortnight, coinciding with Bitcoin's challenges in exceeding the $80,000 resistance level.
Ark is known for leveraging significant declines in the digital asset market to strategically invest in cryptocurrency companies.
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