"Cathie Wood's ARK Snaps Up Bargains in Coinbase and Block"
TL;DR Summary
Cathie Wood's ARK Invest bought nearly $18 million worth of Coinbase shares after the crypto exchange was threatened with enforcement action from regulators. This comes just two days after Wood sold over $13 million worth of Coinbase shares. Wood also bought shares in Jack Dorsey's Block after it experienced a similar drop amid allegations of fraud and predatory practices. ARK Invest also dumped $27 million worth of Tesla shares. Wood is bullish on Bitcoin, giving it a long term price target of $1 million while believing it can help hedge against inflation.
- Cathie Wood Buys the Dip on Coinbase Stock Two Days After Dumping Decrypt
- Cathie Wood Sells $27 Million Of TSLA To Buy The Dip On Coinbase Investor's Business Daily
- Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought The Motley Fool
- Cathie Wood bought the dip in Block and Coinbase Seeking Alpha
- Cathie Wood's ARK Buys Dip in Block, Coinbase The Wall Street Journal
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