TechFlow News, February 18: According to The Block, Ark Invest—led by Cathie Wood—purchased a total of 41,453 shares of Coinbase (COIN) on Tuesday across three of its ETFs, for approximately $6.9 million. Specifically, ARKK bought 29,689 shares (about $4.9 million), ARKW bought 7,525 shares (about $1.2 million), and ARKF bought 4,239 shares (about $704,000).
This purchase reverses an earlier reduction in holdings earlier this month. From February 5–6, Ark Invest sold a total of 119,236 COIN shares—approximately $17.4 million—for cash, amid broad market declines in crypto-related stocks, and redeployed the proceeds into the crypto exchange Bullish. As of February 18, COIN ranked as ARKK’s seventh-largest holding (4% weight, valued at ~$251.5 million), ARKW’s seventh-largest holding (3.7% weight, valued at ~$57.4 million), and ARKF’s third-largest holding (5.6% weight, valued at ~$44.6 million).
Coinbase recently released its Q4 2025 financial results, reporting total revenue of $1.8 billion—a 5% sequential decline—and a net loss of $667 million, primarily driven by $718 million in unrealized losses on its crypto investment portfolio and $395 million in losses from strategic investments. Coinbase’s stock rose 1% on Tuesday to close at $166.02, gaining 8.4% over the past five trading days—but remains down 28% year-to-date.
