Ark Invest invested 40 million dollars in crypto companies.

Crypto Market Downturn Continues

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

The expanded cryptocurrency market continues to deepen its losses. The CoinDesk 20 Index dropped by more than %4.7 on Thursday. Despite these fluctuations in the crypto sector, Ark Invest appears determined to maintain its investment strategy.