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Ark Invest capitalized on August 5’s massive market meltdown by purchasing Coinbase (COIN) shares for the first time in several months. Cathie Wood’s investment company acquired $17.8 million worth of Coinbase stock, marking its initial acquisition since June 6, 2023, when it invested nearly $21.6 million. This purchase came as COIN dropped 7.3% to $189.47 […]
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