Ark Invest · The Block
Bullish's NYSE-listed shares closed down 2.73% at $35.96 on Thursday
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The recent purchases followed Bullish's mixed first-quarter results released last week.
Key facts
- According to its daily trading disclosure, Ark purchased a total of 139,117 shares of Bullish on Thursday for its Innovation (ARKK), Next Generation Internet (ARKW), and Blockchain and Fintech
- While the company reported a wider quarterly net loss of $604.9 million, nearly doubling the loss recorded a year ago, its adjusted revenue rose to $92.8 million from $62.4 million in the same
- Bullish went public in August 2025, pricing 30 million shares at $37 each
- Bullish's NYSE-listed shares closed down 2.73% at $35.96 on Thursday
Summary
Cathie Wood-led investment firm Ark Invest snapped up an additional $5 million in Bullish shares on Thursday across three exchange-traded funds, as the stock closed lower. According to its daily trading disclosure, Ark purchased a total of 139,117 shares of Bullish on Thursday for its Innovation (ARKK), Next Generation Internet (ARKW), and Blockchain and Fintech Innovation (ARKF) ETFs, valued at approximately $5 million based on today's closing price. Ark Invest has expanded its Bullish position over the past few trading sessions. Bullish's NYSE-listed shares closed down 2.73% at $35.96 on Thursday. While the company reported a wider quarterly net loss of $604.9 million, nearly doubling the loss recorded a year ago, its adjusted revenue rose to $92.8 million from $62.4 million in the same quarter last year.