Ark Invest snaps up $12.5M in Bullish stock over four consecutive days!

Cathie Wood's Ark Invest has accumulated $12.5 million worth of Bullish (BLSH) shares across four straight trading days, including a $5 million purchase on Thursday alone. The buying streak comes as BLSH has shed more than 17% over the past two weeks, closing Thursday at $35.96 — down 0.2% on the day.

Ark's playbook here is well-established: the firm treats broader digital asset downturns, which tend to drag crypto equities down with them, as structured entry points into cryptocurrency-linked companies. Bullish is also the parent company of CoinDesk, adding a media and infrastructure dimension to the thesis.

Four consecutive days of accumulation at these levels signals conviction, not opportunism — Ark is building a position, not catching a falling knife on a single dip.