Cathie Wood’s Ark Invest made another large COIN purchase, this time coming in at over $13 million. Wood’s fund has added over $30 million in COIN shares this month alone.
אַרק האָט צוגעגעבן 181,972 קאָינבאַסע שאַרעס צו זיין אַרק יננאָוואַטיאָן עטף און 31,547 שאַרעס צו אַרק ווייַטער דור אינטערנעץ, לויט זיין לעצטע האַנדל. איינגעבן. Shares in the crypto exchange closed down 1.4% to about $61 Wednesday. Based on the price at the close, Ark’s most recent purchase cost just over $13 million.
האלץ האט געהאט געקויפט over $21 million worth of shares in the past month, despite COIN’s dipping about 6.8% since the beginning of February — and mounting regulatory headwinds facing the exchange.
COIN was up 1.3% in the early session, trading close to $62 by 7:30 a.m. EST, according to TradingView data.
Coinbase’s fourth-quarter revenue beat estimates on Tuesday, analysts said. Interest income from USDC for the quarter came in at $146 million, up more than 100% from the previous quarter, even as full-year revenue came in 57% lower than in 2021.
Source: https://www.theblock.co/post/214402/ark-invest-adds-another-13-million-worth-of-coin?utm_source=rss&utm_medium=rss