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Coinbase
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Posted by10 hours ago
Ark Invest, Cathie Wood’s investment management business, has made its biggest purchase of Coinbase shares ever. Cathie Wood is unfazed by Coinbase’s declining sales and regulatory uncertainties in the U.S. crypto sector.
Quarter 4 revenue for Coinbase was $605 million, down significantly from $2.49 billion in the same period last year. It’s an increase of 5% over the third quarter’s $590 million and more than the $588 million predicted by analysts.
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https://thenewscrypto.com/ark-invests-cathie-wood-buys-huge-pile-of-coinbase-stock/
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