Cathie Wood Buys Coinbase Dip Amid SEC Lawsuit, Trader Scores $25M on Options Bets.

1 min read
Source: Barron's
Cathie Wood Buys Coinbase Dip Amid SEC Lawsuit, Trader Scores $25M on Options Bets.
Photo: Barron's
TL;DR

Cathie Wood's investment firm, ARK, is increasing its stake in Coinbase after the crypto exchange was sued by the SEC. Wood, known for her high-growth investment strategy, sees potential in Coinbase despite the regulatory challenges it faces.

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