Cathie Wood’s ARK Invest stepped up purchases of crypto-related equities on Monday, adding to positions in Coinbase, Bullish, Circle and several crypto miners as a continued selloff pushed listed digital-asset stocks deeper into negative territory.

The firm moved to buy into weakness as some of the sector’s largest publicly traded names extended a multi-day slide. According to an email disclosure, ARK deployed roughly $59 million across crypto-linked stocks, including about $16.3 million of Coinbase, approximately $5.2 million of Bullish and around $10.8 million of Circle Internet Group. Additional purchases included roughly $17 million of Bitmine Immersion Technologies and about $9.9 million of CoreWeave.

The buying came as losses across the sector intensified. Bitmine fell more than 11% on the day, Circle slid nearly 10%, CoreWeave dropped close to 8%, Coinbase declined over 6% and Bullish continued a multi-session retreat as selling pressure accelerated.

ARK has a long-standing strategy of adding exposure during drawdowns rather than chasing momentum, often using extended selloffs in crypto equities to build positions even as prices continue to weaken.

Crypto-linked stocks represent a significant share of ARK’s portfolio. The firm now holds roughly $609 million in Coinbase, about $323 million in Circle Internet Group, around $275 million in Bitmine Immersion Technologies, approximately $194 million in Bullish and about $140 million in CoreWeave, highlighting that the latest purchases added to already substantial positions across the sector.