Sun, February 2

Coinbase Dumps 11% as ARK Invest Books $91 Million Profit

The renowned growth-focused fund ARK Invest, led by Cathie Wood, has revealed its ongoing offloading of Coinbase shares as the COIN continued to surge. The disclosure indicates that the firm sold 248,838 COIN shares, valued at just over $26 million based on Monday’s closing price of $105.55, which falls just

July 18, 2023 2 mins read

Cathie Wood Reveals Liquidating Paypal’s Venmo Holdings For Rival Cash App

Ark Invest significantly expanded its Block holdings by purchasing 225,937 shares. Wood even voiced the hope that PayPal would score significant victories in the future. Cathie Wood, CEO of Ark Invest, said at Bitcoin 2022 that she prefers Block’s Cash App over PayPal’s Venmo service. On CNBC, Wood said that

April 11, 2022 1 min read
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