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Benzinga
Business
Rachit Vats

Cathie Wood Adds $14M In Coinbase As Stock Weathers Massive Crypto Crash

Coinbase Cathie Wood Crypto Ark Invest Ark Investment Management Nasdaq Cryptocurrency

Cathie Wood-led Ark Investment Management scooped up more shares in Coinbase Global Inc (NASDAQ: COIN) on Thursday as the cryptocurrency trading platform emerged from a massive slump.

St. Petersburg, Florida-based Ark Invest bought 240,791 shares, estimated to be worth $14 million, in Coinbase.

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