Ark Invest Snaps Up $10 Million in Bullish Shares Before Q3 Earnings Drop
ARK just placed a massive bet on crypto's infrastructure - right before the quarterly numbers hit.
The Strategic Move
Cathie Wood's investment firm dropped exactly $10 million into Bullish shares during the pre-earnings window. That's not pocket change - it's a calculated position taken precisely when most institutional players are sitting on their hands waiting for financial disclosures.
Timing Is Everything
Buying before earnings either shows incredible confidence or reckless optimism - depending on which Wall Street analyst you ask. The move signals ARK's conviction that Bullish's exchange technology represents a fundamental shift in digital asset trading, regardless of short-term quarterly fluctuations that typically spook traditional investors.
Because nothing says 'we believe in the technology' like making a major investment right before seeing whether the company actually makes money.
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New Line of Business
The news marks the first time Archer will sell its power unit to a third party. The craft that will use the unit can transition from hover to cruise, and it needs a strong lift and a long flight reach. Archer noted its own work on cells and motors meets the needs for SAFE and steady run time. The firm also stated that its large sites in the U.S. will enable it to build the units at scale.
The plan with Anduril follows nearly a year of joint work on a mixed lift craft. As both firms gained more insight, they set up this new deal to speed up the Omen build work. Anduril said the use of Archer tech cuts risk in the plan to build Omen for wide use.
The deal adds to Archer’s set of links in Asia. The firm has set up work with Korean Air for air taxi plans in Seoul and at additional sites. It also has work in both Osaka and Tokyo for new lift routes in dense urban zones. Each of these links provides Archer new paths for its main craft and its Core tech.
Archer still aims to bring the piloted Midnight craft to market in the next phase. That craft can hold four guests and is set up for short runs that beat long car trips. The craft can swap packs in a short time, so it can run many trips per hour.
Stock Reaction
In the meantime, Archer’s stock fell by nearly 6% on Monday and ended the day at $7.42. Yet the stock moved up in pre-trade after the news and moved closer to $7.78. The shift came as traders weighed the gain from a new line of income that does not rest on the timing of the Midnight craft. The stock is still down for the year, yet the firm now has a new stream that can help support its long-term plan.
Overall, the deal opens more reach for Archer’s tech and gives the firm a path into defense lift work at a time when the market looks for clear signs of growth.
Is Archer Aviation Stock a Good Buy?
Despite the stock’s steep decline in 2025, the Street’s analysts remain optimistic about the company’s prospects. Based on seven recent ratings, Archer Aviation boasts a “Strong Buy” consensus with an average ACHR stock price target of $12.20. This implies a 64.42% upside from the current price.
