ARK Invest Scoops up Coinbase, BitMine Shares Amid Stock Dips

Ark Invest Buys Coinbase and BitMine Stock During Dip – MAXBIT

Ark Invest buys Coinbase and BitMine stock during crypto dip, betting on long-term gains despite market volatility and uncertainty. Ark Invest, led by Cathie Wood, has once again made big moves in the crypto stock market. On Friday, the investment firm purchased $29.8 million worth of Coinbase shares. Alongside this, it further purchased stock of...

Coinbase Just Face-Planted After Earnings – Time to Scoop Up the Pieces?

So Coinbase (COIN) just pulled a classic “hold my beer” moment. After being the crypto world’s golden child this year – we’re talking a ridiculous 177% run from April to July – the stock decided to take a nosedive after earnings. Because apparently, even in crypto, gravity still exists. Here’s what happened: Wall Street expected Coinbase to bring home $1.59 billion in revenue. Instead, they showed up with $1.5 billion. Not exactly catastrophic, …

Ark Invest purchased nearly $47 million in crypto stocks last week

Last Friday, Ark Invest deployed close to $47 million across three of its ETFs, purchasing stakes in Coinbase and BitMine Immersion Technologies. Across its ETFs, Ark Invest spent roughly $29.8 million on Coinbase shares, led by its main ARKK fund, which contributed approximately $22.6 million, according to the closing price on Friday. Coinbase shares fell 16.7% that day after reporting quarterly results that missed estimates, per The Block’s Co…

Ark Invest Acquires $47 Million in Coinbase, BitMine Shares - Blockchain & Cryptocurrencies Tabloid

Ark Invest led by Cathie Wood purchases $47 million in Coinbase and BitMine shares.

ARK Invest Ramps Up Coinbase and BitMine Holdings Amid Market Dip

Coinbase stock had its worst single-day performance in recent months on Friday, plunging 16.7 percent to close at $314.69. Cathie Wood-led business increased its holdings in Coinbase (COIN) by 94,678 shares across three of its funds. ARK Invest has increased its holdings in BitMine Immersion Technologies, a Bitcoin miner, and Coinbase, a prominent US crypto exchange, by taking advantage of the current stock market downturn. Cathie Wood-led busin…