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Cathie Wood-led ARK Investment expands its stake in Bullish
ARK Investment Management has been gradually increasing its investment in Bullish, and on the trading day of the 10th of this month, it made an additional investment. This expansion of the investment position is based on the strong performance of Bullish's stock price.
According to a report from Blockbits, ARK Investment added 57,164 shares on February 10th, with an investment amount equivalent to $1.83 million. On this day before the acquisition, Bullish's stock price had risen by 16.76% in a single day.
Last Friday, the fund purchased an additional 393,057 shares, bringing its total investment to approximately $10.8 million. The consecutive large-scale purchases in a short period have significantly increased ARK Investment's stake in Bullish.