Ark Invest adds another 170,000 shares of Coinbase worth about $5 million
January 7th, 2023

According to CoinDesk, Ark Invest, an asset management company founded by Cathie Wood, added a total of 172,276 shares of Coinbase stock through two funds, worth about $5 million. Coinbase shares closed at $33.53 in New York on Thursday, down 11 percent and 7 percent. The stock is down nearly 90% in 2022.

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