Ark Invest buys $5.2 million in Circle Internet Group shares

Ark picked up 65,615 shares of the USDC issuer, adding to a position that has been one of the larger holdings in its flagship fund Ark Invest bought 65,615 shares of Circle Internet Group, a purchase worth $5.2 million. The buy lands during a busy stretch for Circle. The company recently posted strong first-quarter numbers, saw its stock jump on the news, and opened a token presale for its new blockchain, all in short order. The 65,615-share purchase is not Ark’s only recent move in the stock.