Cathy Wood’s ARK Invest bought $12.6 million of Coinbase (COIN) shares on Friday, the second straight day the fund bought the crypto exchange’s stock after the company received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) on March 22, sending COIN tumbling 16% the next day. The shares gained 1.5% on Friday to close at $67.83 apiece.
Related posts
-
Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844,704
Bitcoin’s mining difficulty increased by 1.48% at block height 844,704, reaching 84.38 trillion. This adjustment aligns... -
Community angry after Coinbase taps USDC to celebrate Bitcoin Pizza Day
In a bid to demonstrate cheap payments with USDC, Coinbase faced backlash from the Bitcoin community... -
Metaplanet Shares Soar 158% on Bitcoin Strategy, Triggering Consecutive Trading Halts
Trading in Metaplanet’s stock was halted for two consecutive days by the Tokyo Stock Exchange due...