The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.
Category: COIN
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Before this sale, ARK Invest owned 9.9 million shares of the crypto exchange worth $575 million.
Ark Investments topped up its Coinbase stock shortly after FTX’s liquidity issues were revealed, which came after Coinbase stated that […]
Moody’s said further downgrades could follow if Coinbase doesn’t diversify from its current revenue model or it’s unable to turn […]
“Nothing about Coinbase changed this week, we are the same company we were yesterday, or a year ago. If anything, […]
“There are so many customers beating a path to our door that we have to have all hands on deck […]
Coinbase posted total net revenue of $1.235 billion in Q3 falling 30% short of FactSet estimates of $1.614 billion.
After an edict to remain “mission focused,” Coinbase executives have succeeded in making themselves a fortune.