News Explorer — Ark Invest Offloads Another $24.3M in Coinbase Shares

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Dec 7, 9:33 am

Coindesk

Ark Invest Offloads Another $24.3M in Coinbase Shares

Cathie Wood's Ark Invest has sold Coinbase shares for the third consecutive day as the crypto exchange's stock price remains near a 19-month high. The sale of 180,422 shares would have generated $24.3 million at the closing price of $134.63. Additionally, Ark Invest sold 99,595 shares in Grayscale Bitcoin Trust, valued at just under $3.5 million.

Cathie Wood's Ark Invest has sold Coinbase shares for the third consecutive day as the crypto exchange's stock price remains near a 19-month high. The sale of 180,422 shares would have generated $24.3 million at the closing price of $134.63. Additionally, Ark Invest sold 99,595 shares in Grayscale Bitcoin Trust, valued at just under $3.5 million.

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