4 February, 2026: Cathie Wood’s ARK Invest continues its aggressive strategy in the cryptocurrency space, scooping up over $72 million worth of shares in crypto-related companies like Robinhood, Coinbase, Circle, BitMine, and Bullish, amid a sharp market downturn where Bitcoin fell below $75,000. This move underscores ARK’s long-term optimism in digital assets, even as broader market deleveraging tests investor resolve, potentially signaling a buying opportunity for those eyeing a rebound in the sector.
High Signal Summary For A Quick Glance
- ARK’s accumulation reflects a long-term value strategy consistent with prior crypto-equity drawdown cycles.
- No immediate trend reversal is guaranteed, but $100M+ in recent dip buys suggests sustained conviction rather than a one-off trade.
- The focus on Coinbase and Robinhood highlights perceived rebound leverage to a crypto recovery, especially as volumes and sentiment normalize.
- Retail traders: ARK dip-buying may boost short-term confidence in Coinbase and Robinhood, supporting tactical entries.
- Long-term holders: Signals conviction that can reinforce holding through volatility and drawdowns.
- Institutions: Other funds may follow the signal, potentially increasing institutional exposure to crypto equities.
- Crypto market: Provides sentiment support even as Bitcoin trades below $75,000, helping reduce panic narratives.
ARK’s Dip-Buying Playbook Returns as Crypto Enters Another Downturn
Cathie Wood’s ARK Invest has a longstanding strategy of accumulating shares in crypto-related companies during market downturns, viewing them as opportunities to invest in disruptive technologies at discounted prices. This latest accumulation follows a recent slump in cryptocurrency prices, with Bitcoin dipping below $75,000 amid broader market deleveraging and weakened risk appetite, prompting ARK to buy over $70 million in stocks like Robinhood, Circle, BitMine, Coinbase, and Bullish. This behavior is consistent with ARK’s history; for instance, in November 2025, the firm bought Bitcoin ETFs and crypto stocks during a market plummet, reinforcing its bullish long-term outlook.
Previous dips, such as the 2022 crypto winter when ARK heavily invested in Coinbase, often preceded recoveries where those stocks rallied significantly, Coinbase shares surged over 200% in the subsequent 2023-2024 bull market, boosting investor sentiment and contributing to broader sector rebounds.
Key milestones in ARK Invest’s Coinbase and crypto-stock accumulation strategy
ARK buys Coinbase on IPO debut
ARK Invest purchases roughly $246M worth of Coinbase shares on COIN’s Nasdaq debut, establishing a major position in crypto infrastructure.
Crypto winter accumulation
During the 2022 downturn, ARK aggressively accumulates Coinbase, treating depressed prices as a long-term entry for digital-asset growth exposure.
Buy during Bitcoin plummet
ARK purchases about $16.5M in Coinbase shares as Bitcoin slides, reaffirming its bullish stance on crypto exchanges amid volatility.
Multi-stock crypto accumulation
ARK deploys roughly $56.4M across multiple crypto-related equities including Coinbase, Bitmine, and Circle, positioning into a sector pullback.
Late-January dip-buy continues
ARK adds around $21.8M in crypto exposure across names such as Coinbase, Circle, and Bullish as Bitcoin dips below $90,000.
$72M+ major crypto stock haul
ARK spends more than $72M on Coinbase, Robinhood, Circle, and Bitmine as Bitcoin drops below $75,000, signaling strong institutional conviction.
Breakdown of Purchases
On February 2, 2026, ARK Invest bought over $72 million worth of crypto-related stocks as Bitcoin fell below $75,000. The largest purchase was Robinhood, with 235,077 shares worth about $21.1 million. ARK also added positions in Circle, Coinbase, Bullish, BitMine, CoreWeave, and Block.
The buying focused on crypto exchanges, stablecoin issuers, and infrastructure companies, showing ARK’s long-term confidence despite market volatility. ARK continued buying on February 3, adding 89,677 more Robinhood shares worth $8.06 million and 135,131 shares of the ARK 21Shares Bitcoin ETF (ARKB) valued at $756,043. At the same time, it reduced some non-crypto holdings like Airbnb, signaling a shift toward higher crypto exposure during the downturn.
Overall, these moves highlight Cathie Wood’s continued belief in digital assets as long-term portfolio diversifiers, even as market sentiment remains cautious.
What Readers Should Watch Next
- ARK’s Ongoing Purchases: Monitor for additional buys by ARK Invest in crypto stocks like Robinhood and Coinbase, as they continued accumulating $32.7M in Robinhood and Bitcoin ETFs on February 3, 2026, amid further dips. au.investing.com +1
- Bitcoin Price Recovery: Keep an eye on Bitcoin’s trajectory after hitting a 15-month low below $73,000 on February 3, potentially signaling a rebound or deeper correction impacting related equities. finance.yahoo.com +1
- Crypto Stock Performance: Track shares of companies like BitMine, Bullish, and Robinhood for volatility and potential rallies, following ARK’s strategy of buying during slumps as seen in past cycles. dropstab.com +1
- Broader Market Sentiment: Watch economic indicators like inflation trends and Cathie Wood’s deflationary outlook, which could influence crypto adoption and asset valuations in 2026.
