TechFlow news, April 6 — According to The Block, Cathie Wood's Ark Invest added a combined 83,157 shares of Coinbase stock across three ETFs on Friday, worth approximately $13.4 million. This purchase comes as Coinbase’s share price declined around 5% over the past week, causing its market capitalization to drop below $30 billion for the first time since September 2024. This marks another instance of Ark Invest buying the dip, following a previous month in which it added over $16 million in shares.
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