ARK Invest has capitalized on a multi-day sell-off in the crypto market by purchasing $59 million worth of crypto stocks. The investment firm acquired significant stakes in companies such as Coinbase, Bullish, and Circle, with $16.3 million allocated to Coinbase and $10.8 million to Circle. This strategic move is part of ARK's approach to buy during market dips, increasing its total crypto stock holdings to over $150 million, including investments in Bitmine and CoreWeave.