Ark Invest has increased its position in Bullish stocks for the fourth consecutive day, buying a total of $12.5 million this week.

BlockBeats News, May 22, Official sources disclosed that Cathie Wood's asset management company Ark Invest bought $5 million worth of Bullish (BLSH) stock on Thursday, marking the fourth consecutive trading day of increasing its stake in the crypto group. Based on the closing price, Ark Invest has accumulated $12.5 million worth of BLSH stock since the beginning of this week.

On Thursday, the BLSH stock closed at $35.96, a slight decrease of 0.2%. Over the past two weeks, the stock has declined by over 17%.