Ark Invest invested 40 million dollars in cryptocurrency companies.

Cryptocurrency Market Decline Continues

Ark Invest continues its investments in cryptocurrency companies, purchasing an additional 38.7 million dollars worth of shares from companies such as Coinbase, Bitmine Immersion Technologies, Circle Internet Group, and Bullish. This purchase marks the second-day investment aimed at increasing the investment management's contributions to the crypto world.

The broader cryptocurrency market continues to exacerbate its losses. The CoinDesk 20 Index showed a decline of more than 4.7% on Thursday. Despite the fluctuations in the crypto sector, Ark Invest appears determined to maintain its investment strategy.