Planet News: During the sharp decline of U.S. stocks on Friday, Cathie Wood's Ark Invest increased its holdings of Coinbase stocks by a total of 83,157 shares, approximately worth $13.4 million. This additional purchase comes at a time when Coinbase's stock price has dropped about 5% over the past week, and its market value has fallen below $3 billion for the first time since September 2024. This is another instance of Ark Invest buying at a low point after March, when they had previously added over $16 million in a single month. ()