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COIN had climbed to record highs above $395 per share on Friday as bitcoin ascended to an all-time high of around $118,000.
The largest trade of the day was ARK’s purchase of 115,380 shares of electric vehicle giant Tesla Inc, split between its ARKK ...
Cathie Wood's tech-focused investment firm ARK Invest is selling off a large number of shares in several companies to load up ...
Cathie Wood’s Ark Invest sold $6.5 million worth of Coinbase Global shares and $5.8 million of Robinhood shares on Thursday.
Ark Invest has a 7.03% stake in the Nasdaq-traded company. Shares of Coinbase dipped 2% Wednesday but earlier traded at a seven-month high of $83.49. The company's stock is on a tear, up 30% in ...
Cathie Wood’s investment management firm, ARK Invest, sold Coinbase (COIN) stock for a third straight day as the shares held steady within 5% of the year’s high. The firm offloaded a total of ...
Cathie Wood’s ARK Invest has trimmed its position in Coinbase (NASDAQ: COIN) yet again by selling nearly $43.8 million worth ...
ARK made a series of investments in COIN in 2023, even though the cryptocurrency exchange faces a lawsuit by SEC. ARK acquired over 400,000 Coinbase shares for $21.6 million after SEC’s action ...
Ark Invest's combined Coinbase holdings have a market value of $547 million across its eight funds, with a 4.71% stake in the Nasdaq-listed company.
In fact, immediately after the SEC filed its lawsuit against Coinbase, Cathie Wood of Ark Investment scooped up another 419,324 shares worth a total of $21.6 million.
As of this week, ARK holds approximately 7% of Coinbase stock, on par with Vanguard, the second-biggest holder of COIN at 13.5 million shares, according to Bloomberg data.