Braylinjoe "base.eth"
@brayllinjoe
Ark Invest Buys $13.4M in Coinbase Shares Amid Price Drop ChainCatcher Ark Invest, led by Cathie Wood, purchased 83,157 Coinbase shares worth $13.4 million across three ETFs, as the stock fell 5% last week, marking its first drop below $30 billion since September 2024. This move follows a previous $16 million investment in March, signaling confidence despite Coinbase's worst quarterly performance since the 2022 FTX collapse, with shares down 33% in Q1 2025.
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