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ARK Invest buys approximately $15 million worth of Coinbase stock again, ending previous reductions
Mars Finance reports that ARK Invest has disclosed that it has increased its holdings in Coinbase stock, purchasing approximately 93,000 shares worth about $15.2 million, through the ETFs ARKK, ARKW, and ARKF. A few days earlier, ARK had reduced its Coinbase holdings by over $39 million. Driven by a market rebound, Coinbase’s stock price rose approximately 16% on the day to $164.32. Coinbase previously announced a net loss of $667 million in Q4 2025, ending a streak of eight consecutive quarters of profitability.