Ark Invest plans to purchase approximately 420,000 shares of Coinbase stock again

ChainCatcher news, according to CoinDesk, the asset management company Ark Invest, founded by Cathie Wood, stated in an email that it is increasing its stake in Coinbase through its three funds: ARK Innovation, ARK Next Generation Internet, and ARK Fintech Innovation. ARK indicated that it will add 420,949 shares of COIN on top of the 7.7 million shares currently held by ARK Investment Management.

In previous news, Cathie Wood's Ark Invest purchased 69,756 shares of Block stock and 343,623 shares of Robinhood stock through two funds. (Source link)