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Cathie Wood Cuts Coinbase, Robinhood and Block Stakes While Boosting Tesla and Satellite Tech
Ark Invest increased its Tesla stake by buying 143,190 shares valued at $47.6 M during market dips below $305. The firm also acquired 471,024 Iridium Communications shares worth $15.3 M and exited Roblox with all 93,460 shares sold. Ark Invest sold $12.1 million in Coinbase share...
ETHNews.com·1mo ago
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Ark Invest offloads $12M of Coinbase, opens new $47M Tesla position
Cathie Wood’s Ark Invest is once again reshuffling its innovation-heavy portfolio. The fresh trading disclosure shows that this time, it decided to offload Coinbase while reloading on Tesla and Bitmine. This suggests Wood might be cutting the exposure from crypto-related names an...
Cryptopolitan·1mo ago

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