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Market Cap:
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Cryptopolitan
2023-03-22 13:19:49

Ark Invest sells $13.5M Coinbase shares amid the market boom

Ark Invest sells $13.5M Coinbase shares amid the market boom

According to reports, Cathie Wood’s Ark Invest sold 160,887 shares of crypto exchange Coinbase (COIN) for $13.5 million on Tuesday U.S. time. The investment company purchased Coinbase stock several times during the crypto winter. COIN underperformed both bitcoin and ether in 2022, and its shares fell 86% during the year. Ark reduces Coinbase shares Ark’s … Ark Invest sells $13.5M Coinbase shares amid the market boom Read More »

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