Ark Invest bought $21.5 million worth of shares in Coinbase, Circle Internet and Bullish on Friday, marking its first purchases of the three crypto-linked stocks since mid-December, as the broader digital-asset market slid.

The Cathie Wood-led investment manager added to its positions through the Innovation (ARKK) and Blockchain and Fintech Innovation (ARKF) exchange-traded funds, according to an emailed disclosure.

Ark purchased 129,446 shares of stablecoin issuer Circle Internet, valued at roughly $9.2 million based on Friday’s closing price of $71.33. Circle’s shares were little changed on the day but had fallen nearly 10% over the course of the week.

The firm also bought 42,179 shares of crypto exchange Coinbase and 88,533 shares of Bullish, the owner of CoinDesk, worth about $9.15 million and $3.17 million, respectively. Coinbase slid 2.77% on Friday, while Bullish declined around 2%.

The buys came as the crypto market turned lower last week, with bitcoin finishing nearly 6% down from a week earlier after slipping below the $90,000 level.

Ark has a long-standing strategy of buying into equity pullbacks, aiming to capitalize on multi-day declines it views as offering more attractive entry points.