Cathy Wood’s Ark Fund, known as “Female Buffett,” bought nearly $250 million worth of shares in the largest U.S. cryptocurrency exchange on the first day of listing on Coinbase on Wednesday, and bought another 110 million worth of shares on Thursday. U.S. dollar shares.
Ark Innovation ETF, Ark Financial Technology Innovation ETF and Ark New Generation Internet ETF bought 749,205 Coinbase shares on Wednesday. Based on Wednesday’s closing price, it is worth about 246 million US dollars.
On Thursday, the three funds bought a total of 341,186 shares of Coinbase, which is worth about 110 million U.S. dollars based on Thursday’s closing price.
The first share of the cryptocurrency exchange, Coinbase, was officially listed on the Nasdaq (14038.7632, 180.92, 1.31%) on Wednesday, with the stock code “COIN”. It rose by about 52% on the first day of listing, and the opening price was reported at $381, an intraday increase. It reached 70%, and its market value exceeded US$100 billion, reaching US$112 billion at one time. However, the stock price fell all the way and fell below the opening price. As of the closing stock price rose 31.31%, and the market value exceeded US$64.5 billion.
On Thursday, the stock fell 1.68% to close at $322.75.
Source: Sina.com
You must log in to post a comment.