You Won’t Believe Cathie Wood’s Latest $8.2M Bet on Bullish Stock – Crazy Times Ahead! 🤯

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So, hold onto your designer handbags and grab your light-up sneakers! 🌟 Cathie Wood’s fabulous investment empire, Ark Invest, just took a leap of faith (or is it a fashionable flop?) by snagging over 160,000 shares of the darling crypto exchange, Bullish (NYSE: BLSH), pouring an eye-watering $8.2 million into it! 💸 And this is despite the stock having a rather embarrassing 18% tumble in just 30 days – talk about a risky investment party! 🎉

ARK Invest Goes All In on Bullish – Because Why Not? 😜

You guessed it! ARK Invest has decided to boost its crypto exposure by snapping up approximately $8.21 million worth of shares across two of its funds, because who needs stable investments when you have cryptocurrency? 🎈 The ARK Innovation ETF (ARKK) got cozy with a hefty 120,609 shares, while the ARK Next Generation Internet ETF (ARKW) waltzed off with 40,574 shares. This juicy info comes courtesy of the ever-so-reliable Ark Invest Tracker!

Let’s rewind to Bullish’s fabulous debut on Wall Street last month. It stormed in, dazzling everyone with a soaring stock price hitting an astonishing $75! Fast forward, and now the price seems to have entered a somewhat uninspiring relationship with the $50 mark – almost as awkward as a first date that spirals into an endless small talk session. 🙈

With these fresh purchases, ARK now holds a jaw-dropping $129 million worth of Bullish stock across ARKK, ARKW, and the ARK Fintech Innovation ETF (ARKF). How thrilling! The firm has been rooting for Bullish since it glamorously strutted onto the New York Stock Exchange (NYSE) back in mid-August, buying up a jaw-dropping 2.53 million shares that were then valued at a staggering $172 million. Ouch, my wallet hurts just thinking about it! 😱

But wait! There’s more! ARK also flaunted an additional $21 million in Bullish stock on August 20, with a cheeky $7.5 million added mere days ago. It seems like ARK just can’t resist going back for second helpings, even after taking some profits off the table during this rather adventurous market ride! 🍽️

BLSH Stock Back in the Limelight – Because Drama is Essential! 🎭

As we’ve established, the Bullish (BLSH) stock has turned into quite the dramatic saga since its spectacular debut. This is primarily due to some less-than-stellar headlines revealing a 0.2% year-over-year revenue decline in Q1, while operating income did a not-so-graceful dive of 270%. Yikes! Well, it’s all about the storytelling in this volatile market! 📉

Now, it seems Bullish stock is once again on the radar of investors, finding its footing around the cozy $50 mark. ARK’s latest shopping spree suggests that the institutional interest in the crypto exchange is still sizzling! 🔥

Meanwhile, in other news, Jefferies has decided to go for a “hold” rating on Bullish, while JP Morgan and Bernstein have opted for “neutral.” Not to be left out, Cantor Fitzgerald has gone ahead and slapped an “overweight” rating on it, signaling some rather lofty expectations that Bullish might just take flight. Hold onto your tickets, folks; this rollercoaster ride isn’t over yet! 🎢

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2025-09-17 15:21