Cathie Wood's Ark Invest increased its holdings in BitMine, Coinbase, and Bullish on Wednesday.
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TL;DR
Cathie Wood's Ark Invest increased holdings in BitMine, Coinbase, and Bullish on December 18, purchasing millions in stocks despite declines in US cryptocurrency stocks.
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Ark InvestCathie WoodBitMineCoinbaseBullish
On December 18, amid a continued decline in US cryptocurrency stocks, Cathie Wood's Ark Invest increased its holdings in BitMine, Coinbase, and Bullish.
According to its transaction filings, Ark Invest purchased $10.56 million worth of BitMine stock, $5.9 million worth of Coinbase stock, and $8.85 million worth of Bullish stock through three of its exchange-traded funds (ETFs) on Wednesday.
BitMine (BMNR) fell 6.59% on Wednesday to close at $29.32, down about 24% from its price five days earlier.