Cathie Wood’s ARK Invest has boosted its exposure to crypto-linked equities.

ARK bought $16.5 million worth of Coinbase (NASDAQ: COIN) on Nov. 26.

The Coinbase buy follows a series of recent allocations into both crypto and tech names. 

ARK spreads COIN purchase across three ETFs

The last time the firm acquired a comparable amount was on Aug. 1, marking a notable uptick in its acquisition strategy.

This also makes it the largest purchase of Coinbase stock in nearly four months.