EddieJayonCrypto

 20 Dec 23

tl;dr

Ark Invest, led by Cathie Wood, made significant transactions in the stock market, including the sale of shares of Coinbase Global Inc. and Robinhood Markets Inc. totaling nearly $7.1 million as part of its broader strategy to adapt to the evolving economic landscape amidst the turbulence in the cry...

Ark Invest, led by Cathie Wood, made significant transactions in the stock market, including the sale of shares of Coinbase Global Inc. and Robinhood Markets Inc. totaling nearly $7.1 million as part of its broader strategy to adapt to the evolving economic landscape amidst the turbulence in the cryptocurrency market.

In addition to divesting its cryptocurrency holdings, Ark Invest also purchased additional shares of Zoom Video Communications and Block Inc. in a major portfolio reorganization.

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