Ark Invest increases stake in Coinbase amid market selloff, buys $8 million worth of shares
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Odaily reported that Ark Invest increased its holdings of Coinbase (COIN) stock by 52,753 shares, with a total value of approximately $8 million, amid a significant market pullback this week. This increase in holdings occurred against the backdrop of a decline in Bitcoin prices and Coinbase's failure to be included in the S&P 500 index.
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