Cathie Wood acquired 2.62M Coinbase Global shares worth $793M. That's 5.83% of their entire equity portfolio (4th largest holding). The investor owns 1.01% of the outstanding Coinbase Global stock. The first Coinbase Global trade was made in Q2 2021. Since then Cathie Wood bought shares seven more times and sold shares on nine occasions. The stake costed the investor $447M, netting the investor a gain of 77% so far.
Cathie Wood holding Roblox soared after earnings on Thursday. Coinbase gave back some of its recent gains after it joined the S&P 500.
Coinbase (COIN) reports after the closing bell, and while some analysts advised caution heading into the report, Caroline Woods notes its $2.9 billion Deribi...
Even though Cathie Wood's Ark Invest, which manages several exchange-traded funds (ETFs), has been dumping Coinbase (NASDAQ: COIN) shares en masse, the stock...
Cathie Wood's portfolio hasn't performed well in recent years. Ever since the post-pandemic boom ended, her performance has trailed the broader market.