ARK Invest has increased its holdings of Coinbase shares by over 1.3 million since November 8

ChainCatcher news shows that from November 8 to date, the ARK Invest has accumulated an additional 1,300,408 shares of Coinbase stock (COIN), valued at approximately $52.33 million based on the current price. As of Friday's close, COIN closed at $40.24.

It is reported that since November 8, ARK Invest has not sold a single share of Coinbase stock. Previously, Mizuho Bank downgraded Coinbase's stock rating from neutral to underperforming and lowered its target price from $42 to $30. (source link)