Ark Invest Sells $12M in Coinbase Shares After $116M Bet on Ether Treasury Firm Bitmine

Cathie Wood’s Ark Invest is rebalancing its crypto exposure, shedding shares in established platforms like Coinbase and Robinhood while betting big on emerging players such as Bitmine Immersion Technologies. $12M Coinbase Selloff Continues Ark’s Profit-Taking Trend On Thursday, Ark Invest sold 30,501 shares of Coinbase (COIN), amounting to roughly $12 million in proceeds based on … Continue reading Ark Invest Sells $12M in Coinbase Shares After $116M Bet on Ether Treasury Firm Bitmine