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ARK Invest has once again purchased approximately $15 million worth of Coinbase shares, ending its previous reduction

2026-02-14 18:22:52

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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