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ARK Invest's Coinbase Purchase During Week of Feb 13-17 Totaled 133,321 Shares

ARKK and ARKW bought shares in Coinbase Global Monday and Tuesday, with no activity, buy or sell, the rest of the week. COIN shares closed up more than 17% on Friday.

By Greg Ahlstrand
AccessTimeIconFeb 22, 2023 at 11:46 a.m. UTC
CDCROP: Cathie Wood, chief executive officer and chief investment officer, Ark Invest (Marco Bello/Getty Images)
  • Feb. 13: ARKK Buy COIN 102,281
  • Feb. 13: ARKW Buy 16,414
  • Feb. 14: ARKK Buy 11,778
  • Feb 14: ARKW Buy 2,848
  • Feb 15: No COIN activity, buy or sell.
  • Feb 16: No COIN activity, buy or sell.
  • Feb 17: No COIN activity, buy or sell.
  • Weekly total: 133,321 shares purchased; none sold.
  • COIN shares closed at $65.20 apiece on Friday, up 17.4% for the week.
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    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

    Greg Ahlstrand
    Greg Ahlstrand

    Greg Ahlstrand is CoinDesk's Asia News Editor. Greg has no significant crypto holdings.

    Follow @GregAhl on Twitter

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