ARK Invest has once again purchased approximately $15 million worth of Coinbase shares, ending its previous reduction
According to Cointelegraph, ARK Invest has disclosed that it has increased its holdings in Coinbase stock, purchasing approximately 93,000 shares, valued at about $15.2 million, through three ETFs: ARKK, ARKW, and ARKF.
In the previous days, ARK had reduced its holdings in Coinbase stock by over $39 million in total. Driven by a market rebound, Coinbase's stock price rose about 16% to $164.32 on that day. Coinbase previously reported a net loss of $667 million for the fourth quarter of 2025, ending eight consecutive quarters of profit.
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