Add as a preferred source on GoogleARK Invest Adds $2.44 Million in Coinbase Shares in Nov. 5 Trades
The firm sold about $2.27 million in Bullish shares and $2.28 million in Bitmine shares as both stocks fell more than 10%.
ARK Invest purchased Coinbase shares valued at $2.44 million on Nov. 5, when the stock fell 9.69%. The firm also sold shares of Bullish and Bitmine as both stocks dropped more than 10%. The trades put a Coinbase purchase alongside sales of two other crypto-linked stocks during a down session for all three companies.
ARK sold 109,522 Bullish shares for about $2.27 million and 119,841 Bitmine shares for about $2.28 million. The Coinbase purchase was valued at $2.44 million.
The Nov. 5 trades combined a Coinbase purchase with sales of Bullish and Bitmine shares.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.