Ark Invest once again increased its holdings of $5.9 million in Coinbase stock and $8.85 million in Bullish stock

【Ark Invest once again increased its holdings of $5.9 million in Coinbase stock and $8.85 million in Bullish stock】Cathie Wood's Ark Invest purchased $10.56 million worth of BitMine stock, $5.9 million worth of Coinbase stock, and $8.85 million worth of Bullish stock through its three ETFs on Wednesday. The company is increasing its positions while these cryptocurrency stocks are significantly discounted.

BitMine (BMNR) saw its stock price drop by 6.59% on Wednesday, closing at $29.32, a decline of about 24% compared to five days ago. Coinbase's stock price fell by 3.33% on Wednesday, to $244.19, with a cumulative decline of 8.78% over the past five days. Bullish's stock price decreased by 1.89%, to $42.15, with a cumulative decline of 6.41% over five days.