- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Cathie Wood
Cathie Wood’s Ark Invest Buys More Coinbase Shares
Noted growth investor Cathie Wood is doubling down on Coinbase, despite lingering concerns over crypto winter. ARK Invest made its largest investment in the cryptocurrency exchange's stock since Dec. 14 on Thursday, adding about $5.5 million of the shares, based on closing prices. "The Hash" hosts discuss what to make of Wood buying the dip and her ongoing bitcoin conviction.
First Mover Americas: Cathie Wood 'Bargain Hunts' Coinbase
The latest price moves in crypto markets in context for Dec. 30, 2022.
Cathie Wood Buys More Coinbase Shares on the Cheap
The investor's ARK's Fintech Innovation ETF purchased 158,000 shares that have lost almost 90% this year.
Cathie Wood's ARK Continues to Buy Coinbase's Dip, Adding $3.2 Million of COIN to Portfolio
The latest purchase means ARK's Innovation ETF holds 5.8 million COIN shares.
Cathie Wood's Ark Invest Buys More Coinbase as Stock Has Fallen Over 20% In Past Month
Cathie Wood's Ark Investment Management said in an email it bought 78,982 shares in cryptocurrency exchange Coinbase (COIN), its first investment in the crypto exchange in a month. This comes as Coinbase confirms that its 2022 revenue is on track to be just half of 2021 levels. "The Hash" team discusses what to make of Ark Invest's latest crypto bets.
Ark Invest Adds Coinbase Stock as Crypto Exchange's Price Slides
The purchase takes the ARK Innovation ETF's holding to 5.7 million COIN shares and marks its first investment in the crypto exchange in a month.
Cathie Wood's Ark Invest Purchases $1.5M in Grayscale Bitcoin Trust Shares
Cathie Wood's Ark Investment Management bought 176,945 shares ($1.5 million) in Grayscale's Bitcoin Trust (GBTC) on Monday as the crypto market touched a two-year low. Genesis, Grayscale and CoinDesk are owned by Digital Currency Group. "The Hash" panel discusses what to make of Ark's latest crypto bets.
Cathie Wood's Ark Invest Buys $1.5M in Grayscale Bitcoin Trust Shares
The firm purchased the shares at a record discount to their net asset value.
What FTX's Collapse Means for Coinbase
Shares of Coinbase skyrocketed over the past week since rival crypto exchange FTX filed for bankruptcy. Cathie Wood's ARK Investment Management ETF bought 238,000 more shares worth roughly $12.1 million. Oppenheimer Senior Analyst Owen Lau discusses the FTX collapse and whether it could be a positive development for Coinbase.