Cathie Wood’s investment company, Ark Invest, has increased its investments in the company by acquiring another $9 million worth of Coinbase (COIN) shares.
Ark Invest continues to evaluate the low COIN price. last major purchase 14 December on 11.8 million worth a dollar 296,578 The company, which realized by buying shares, invested in COIN. 344.4 million raised to dollars. ArkInvest, from 14 December since 5 purchases by making more, approximate the number of COINs in the company. to 8.5 million took it out. With the last purchase, the company made a total of 9 purchases he has done.
all Ark Fintech Innovation ETF (ARKK) purchases made by 19, 21, 22, 27 and 29 December and the size of the purchases, respectively, 48,200, 11,600, 23,509, 6,179, 158,116 It’s COIN. Although the number of COINs in the company has increased, the total value of the company’s investments due to the falling share price It fell to $298 million.
Experts, transparent structure and with US regulatory standards compatibility Due to many of COIN’s blockchain and crypto- money He states that it is frequently preferred by the themed mutual fund. COIN has been around since the beginning of the year, hours before the end of 2022. 86% value lost.