Purchase of Coinbase shares for $ 1 billion ARK Wood boosted | ECOS Mining Channel

Purchase of Coinbase shares for $ 1 billion

ARK Wood boosted its holdings of Coinbase (COIN) shares last week by buying another 223,181 shares to increase its net stake over $ 1 billion in the Nasdaq-listed cryptocurrency exchange.

ARK Invest manages $ 60 billion in assets and is the seventh largest issuer of ETFs with a turnover of $ 5.6 trillion.