Ark Invest purchased $38.7 million in shares of cryptocurrency-related companies on Thursday, continuing its buying streak amid ongoing losses in the broader crypto market.

The move follows Wednesday’s activity, when the St. Petersburg, Florida-based investment manager acquired a combined $39.6 million of Bullish (BLSH), Bitmine Immersion Technologies (BMNR), and Circle Internet (CRCL).

On Thursday, Ark Invest bought 42,419 shares of Coinbase (COIN), valued at $10.1 million based on the closing price of $238.16, down 7.44% for the day. The CoinDesk 20 Index (CD20) dropped more than 4.7% on Thursday.

The firm also purchased 380,244 shares of Bitmine Immersion Technologies, worth just under $10 million, according to an emailed disclosure on Friday. BMNR closed at $26.02, falling over 10%, its lowest level since the company adopted an Ethereum-focused digital treasury strategy in June.

Ark Invest further added 264,534 shares of Bullish and 134,650 shares of Circle Internet Group, valued at roughly $9.7 million and $9 million, respectively. CRCL fell 4% to $66.93, while BLSH rose slightly 0.3% to $36.30.

Notably, Bullish, the crypto exchange, is also the parent company of CoinDesk.