Ark Invest increased its holdings in crypto-related stocks such as BitMine, Bullish, and Circle yesterday.

According to Mars Finance, on February 4th, The Block reported that despite the current sluggish crypto market, Ark Invest increased its holdings in crypto-related stocks such as BitMine, Bullish, and Circle. According to transaction filings, Ark Invest purchased $3.25 million worth of BitMine shares through its ETF on Tuesday; it also purchased $3.46 million worth of Bullish shares and $2.4 million worth of Circle shares. In addition, Ark slightly increased its holdings in Block Inc. and Coinbase, purchasing $1.77 million and $630,600 respectively. These actions continue Ark's strategy of increasing its holdings in crypto-related stocks on Monday. Currently, against the backdrop of a general crypto market downturn, many crypto-related stocks are trading at a significant discount.