Ark Invest Cathie Wood’s Coinbase Dip buy, adding $ 30 million in shares in 3 days

Invest Invest Manager, known as DIP, has bought the market south, has bought 199,401 from Coinbase (Coin) in the past three days.

The Cathy Wood company, run by 83157 shares, bought an exchange of encryption on Friday, followed by 84,514 and 31,730 on Monday and Tuesday, respectively, according to the company’s daily data via e -mail. Based on closing prices, stocks cost a total of $ 31.51 million. Its value is now about $ 29.3 million on the basis of closing on Tuesday.

The Saint Petersburg -based company, based in Florida, aims to avoid obtaining one specific account for more than 10 % of the total value of the ETF box. When a specific stock falls, Provides an opportunity to buy for Ark.

Coinbase shares fell by more than 15 % last week, as both cryptocurrencies and shares fell after the sharp import tariff imposed by US President Donald Trump.

BTC is 8 % less about 8 % a week ago, while both s & P 500 and NASDAQ decreased more than 10 %.

Read more: You buy Ark’s Ark’s Cathie Wood more