Cathie Wood Ark Invest keeft 63K Coinbase Stock Op Basis Launch

Ark Invest CEO Cathie Wood has been extremely bullish on Coinbase stock since last October. Cathie Wood’s investment management firm Ark Invest continues to buy Coinbase shares in larger quantities despite falling revenues and regulatory uncertainty in the U.S.

With the announcement of the Ethereum Layer-2 blockchain Base, Coinbase share price is bound to rally higher. The Base blockchain is built using Optimism’s OP Stack and plans to connect with the main Ethereum network for Layer-2 solution.

On February 23, Ark Invest purchased a total of 63,585 Coinbase (COIN) shares as Coinbase announces the Base Layer-2 blockchain. Cathie Wood’s Ark Invest purchased 53,783 Coinbase stocks for ARK Innovation ETF (ARKK) and 9,802 Coinbase stocks for ARK Next Generation Internet ETF (ARKW), according to transactions seen by CoinGape.

A day earlier on Feb 22, Ark Invest made its gréisste Coinbase Stock kafen vum Joer als Krypto Austausch gemellt Gesamtakommes vun $ 605 Milliounen am Q4 Akommes, schloen Analysten Schätzunge vun $ 588 Milliounen.

Ark Invest purchased a total of 213,519 Coinbase (COIN) shares as the price dipped to $58. Ark Invest purchased 181,972 Coinbase stocks for ARK Innovation ETF (ARKK) and 31,547 Coinbase stocks for ARK Next Generation Internet ETF (ARKW).

Cathie Wood’s funds also purchased 162,325 COIN shares on Feb. 10, 118,698 COIN shares on February 13, and 14,626 COIN stock on Feb 14. Cathie Wood remains optimistic about turning around the loss in her funds with Coinbase shares.

Coinbase (COIN) stock price ended 2% higher at 62.36 on Thursday. In the pre-market hours, the COIN price is trading at 61.43, down 1.50%.

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De Varinder ass en technesche Schrëftsteller an Editeur, Technologie Enthusiast, an analyteschen Denker. Faszinéiert vun Disruptive Technologies, huet hien säi Wëssen iwwer Blockchain, Krypto-Währungen, Kënschtlech Intelligenz an den Internet vun de Saachen gedeelt. Hien ass mat der Blockchain an der Krypto-Währungsindustrie fir eng substantiell Period assoziéiert an deckt de Moment all déi lescht Updates an Entwécklungen an der Kryptoindustrie.

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