Cathie Wood Buys Coinbase Stock Despite Crisis - Coinleaks
Current Date:November 7, 2024

Cathie Wood Buys Coinbase Stock Despite Crisis

Katie Wood‘s company Ark Investdespite SEC pressure More than 400,000 Coinbase shareshe bought.

Tensions between the SEC and crypto exchanges have escalated in recent days. The lawsuits, in particular, have started to revolt the crypto industry against regulators. The SEC’s lawsuit against Coinbase did not deter many investors.

Katie Wood‘s investment company Ark InvestDespite yesterday’s events, it made a new purchase and added to its portfolio. 419,324 Coinbase sharesadded.

Cathie Wood’s Company Ark Invest Stable on Coinbase Stock

Crypto maximalistthe one which… Katie Woodfrequently draws attention with its investments in the sector. Katie Wood‘s investment company Arc Invest, especially Coinbase stakecontinues its acquisition strategy.

the past day Ark Invest purchased Coinbase stock, whose price fell as a result of the SEC’s lawsuit against Coinbase. The investment company added 419,324 Coinbase shares to its structure.

According to a report by Bloomberg, Ark Innovation ETFAnd Ark Investment Management LLC fund purchased Coinbase shares. Along with these releases Ark Invest, the biggest fourth Coinbase shareholderit happened.

These days, when the crypto industry is acting with fear and panic, Wood’s moves draw attention. in the past months wood, on Coinbase 40 million dollarsmade a close purchase of shares.