Catenaa, Thursday, February 12, 2026-Cathie Wood’s Ark Invest purchased an additional 57,164 shares of Bullish on Monday, boosting its exposure as the stock climbed 16.76% amid a broader equity market rally.
The purchases were made across three of Ark’s exchange-traded funds and valued at roughly $1.83 million based on Monday’s closing price, according to Ark’s trading disclosure. The move follows the firm’s acquisition of 393,057 Bullish shares on Friday, totaling about $10.8 million. That same day, Ark sold roughly $22.2 million in Coinbase shares.
Bullish shares closed at $32.05, while Coinbase rose 1.29% to $167.25. Other crypto-related equities also advanced, with Circle up 5.36% and Bitmine gaining 4.79%. Analysts noted that Ark’s continued purchases indicate confidence in Bullish’s growth prospects despite broader market volatility.
Equity benchmarks supported the gains, with the Nasdaq Composite rising 0.9%, the S&P 500 climbing 0.47%, and the Dow Jones Industrial Average edging up 0.04% to a new high. Meanwhile, Bitcoin fell 1.36% to $69,786, trading between roughly $68,500 and $71,000 during the day. Ethereum inched up 0.7% to $2,097.
Ark’s strategy of selectively increasing positions in Bullish follows the firm’s approach of concentrating on high-conviction, innovative tech and crypto-adjacent companies. Market observers said the purchases reinforce Ark’s bullish stance on the long-term potential of crypto-focused platforms, even as digital assets face near-term price pressures.
