Express

ARK Buys Another $64 Million in Coinbase Shares, Sells $99.5 Million of Tesla Shares

Amy Liu

Summary: Cathie Wood’s ARK funds bought more shares of cryptocurrency exchange Coinbase Global Inc on Friday while selling shares of electric carmaker Tesla, according to the firm’s daily trade summary. ARK on Friday bought 187,078 shares of Coinbase, which debuted on the Nasdaq earlier this week, in a purchase worth nearly $64 million at the day’s ...

Cathie Wood’s ARK funds bought more shares of cryptocurrency exchange Coinbase Global Inc on Friday while selling shares of electric carmaker Tesla, according to the firm’s daily trade summary.

ARK on Friday bought 187,078 shares of Coinbase, which debuted on the Nasdaq earlier this week, in a purchase worth nearly $64 million at the day’s closing price of $342. It sold 134,541 shares of Tesla, valued at $99.5 million at Friday’s close. 

By Amy Liu

Last Update:

Tags: ,,
Link: ARK Buys Another $64 Million in Coinbase Shares, Sells $99.5 Million of Tesla Shares   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 8 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 1 day ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • You need to login to comment.