Cathie Wood’s $12.5M Bet on Bullish: Genius or Just Another Crypto Rollercoaster?

Markets

What to know:

  • Ark Invest dropped $5 million on Bullish (BLSH) stock on Thursday-fourth day in a row. Because why stop when you’re on a winning streak, right?
  • Cathie Wood’s crew has thrown $12.5 million at this crypto group since Monday. Hope they’re not just buying high to sell low later.
  • BLSH shares dipped 0.2% to $35.96 on Thursday. Baby steps, I guess?

So, Ark Invest bought another $5 million worth of Bullish (BLSH) stock on Thursday. Fourth day in a row. Someone’s got a type, huh? Meanwhile, Cathie Wood’s team has been on a $12.5 million shopping spree for this crypto group since Monday. That’s a lot of lattes they could’ve bought instead.

Oh, and BLSH shares? Down 0.2% to $35.96 on Thursday. But hey, it’s only down 17% in the last two weeks. Bitcoin’s been struggling too-can’t break that $80k ceiling. Maybe it’s just shy.

Ark’s strategy? Buy when everything’s crashing. Bold move, Cotton. Let’s see if it pays off or if they’re just collecting overpriced NFTs for their digital portfolio.

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2026-05-22 13:53