Cathie Wood Buys Another $59M In Coinbase As Bitcoin Recovers, Entirely Cuts Apple Stake

benzinga2021-05-21

Cathie Wood-led Ark Investment Management on Thursday snapped up 254,738 shares, worth about $59.46 million, in CoinbaseGlobal Inc(NASDAQ:COIN) as the cryptocurrency exchange bounced back after a ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

WTurtle
2021-05-21
WTurtle
Fast and furious. Who like please comment!
DragonKC
2021-05-21
DragonKC
Cathie Wood always give positive n booster to stock market.
ppp00
2021-05-21
ppp00
Well, still hope can go lower a little more so that we small retail investor can buy low first
MrWondeful
2021-05-21
MrWondeful
Bold!
- MrWondeful:
  Ok
- MrWondeful:
  Courage!
- MrWondeful:
  Comment
Abez
2021-05-21
Abez
Wow
- WTurtle:
  Fast and furious
88_TWB_88
2021-05-21
88_TWB_88
Wow....Comments & like thks
- gorgonzola:
  done. like and reply pse. tks!

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1107247661?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-05-21 13:29","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1107247661","market":"us","top_or_hot":-1,"title":"Cathie Wood Buys Another $59M In Coinbase As Bitcoin Recovers, Entirely Cuts Apple Stake","media":"benzinga","content":"<div>\n<p>Cathie Wood-led Ark Investment Management on Thursday snapped up 254,738 shares, worth about $59.46 million, in CoinbaseGlobal Inc(NASDAQ:COIN) as the cryptocurrency exchange bounced back after a ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/05/21229891/cathie-wood-buys-another-59m-in-coinbase-as-bitcoin-recovers-entirely-cuts-apple-stake\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Buys Another $59M In Coinbase As Bitcoin Recovers, Entirely Cuts Apple Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Buys Another $59M In Coinbase As Bitcoin Recovers, Entirely Cuts Apple Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 13:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/21/05/21229891/cathie-wood-buys-another-59m-in-coinbase-as-bitcoin-recovers-entirely-cuts-apple-stake><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood-led Ark Investment Management on Thursday snapped up 254,738 shares, worth about $59.46 million, in CoinbaseGlobal Inc(NASDAQ:COIN) as the cryptocurrency exchange bounced back after a ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/05/21229891/cathie-wood-buys-another-59m-in-coinbase-as-bitcoin-recovers-entirely-cuts-apple-stake\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COIN","symbol_name":"Coinbase Global, Inc.","start_time":0,"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/05/21229891/cathie-wood-buys-another-59m-in-coinbase-as-bitcoin-recovers-entirely-cuts-apple-stake","article_id":"1107247661","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1107247661","pubTimestamp":1621574976,"columns":[],"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"Cathie Wood-led Ark Investment Management on Thursday snapped up 254,738 shares, worth about $59.46 ","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"COIN":"Coinbase Global, Inc."},"translate_title":"Cathie Wood在比特币复苏之际再购买5900万美元的Coinbase股票，完全削减了苹果的股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COIN":0.9},"content_text":"Cathie Wood-led Ark Investment Management on Thursday snapped up 254,738 shares, worth about $59.46 million, in CoinbaseGlobal Inc(NASDAQ:COIN) as the cryptocurrency exchange bounced back after a bullish call from analysts.The New York-based investment firm bought the shares via theARK Fintech Innovation ETF(NYSE:ARKF) and theArk Innovation ETF(NYSE:ARKK).Ark held a total of 3.95 million COIN shares, worth about $887.8 million, ahead of Thursday’s trade via ARKF, ARKK and the ARK Next Generation Internet ETF(NYSE:ARKW).Loop Capital's Kourtney Gibson told CNBC on Thursday he believes Coinbase could be worth $400 to $450 per share and Wedbush analyst Moshe Katriinitiated coverage on the crypto exchangewith an Outperform rating and a price target of $275.On Wednesday, Wood forecastBitcoin(CRYPTO: $BTC) toreach $500,000 per coin.Coinbase shares closed 3.83% higher at $233.40 on Thursday.Ark also completely divested its residual Apple Inc(NASDAQ:AAPL) stake as it sold 188 shares. Shares of Apple closed 2.1% higher at $127.31 on Thursday.Some of the other key Ark sells on Thursday included Tencent Holdings(OTC:TCEHY),Pure Storage Inc(NYSE:PSTG),LendingTree Inc(NASDAQ:TREE) and buys included UiPath Inc(NYSE:PATH).","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":139078216,"gmtCreate":1621579681835,"gmtModify":1704359995111,"author":{"id":"3561975721283567","authorId":"3561975721283567","name":"WTurtle","avatar":"https://static.tigerbbs.com/f365603f5d6014baec364bc1bdd93afd","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3561975721283567","authorIdStr":"3561975721283567"},"htmlText":"Fast and furious. Who like please comment!","listText":"Fast and furious. Who like please comment!","text":"Fast and furious. Who like please comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139078216","repostId":1107247661,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139047767,"gmtCreate":1621579001959,"gmtModify":1704359988294,"author":{"id":"3577178099298017","authorId":"3577178099298017","name":"DragonKC","avatar":"https://static.tigerbbs.com/f90c63c67a4e5f91e9dc0159f5b853ab","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3577178099298017","authorIdStr":"3577178099298017"},"htmlText":"Cathie Wood always give positive n booster to stock market.&nbsp;","listText":"Cathie Wood always give positive n booster to stock market.&nbsp;","text":"Cathie Wood always give positive n booster to stock market.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139047767","repostId":1107247661,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139046588,"gmtCreate":1621578596044,"gmtModify":1704359982592,"author":{"id":"3584224743159029","authorId":"3584224743159029","name":"ppp00","avatar":"https://static.tigerbbs.com/da2244bab9d4a7395c345d07997e6f44","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":7,"crmLevelSwitch":1,"idStr":"3584224743159029","authorIdStr":"3584224743159029"},"htmlText":"Well, still hope can go lower a little more so that we small retail investor can buy low first&nbsp;","listText":"Well, still hope can go lower a little more so that we small retail investor can buy low first&nbsp;","text":"Well, still hope can go lower a little more so that we small retail investor can buy low first","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/139046588","repostId":1107247661,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":139059347,"gmtCreate":1621577372889,"gmtModify":1704359961215,"author":{"id":"3561173247701950","authorId":"3561173247701950","name":"MrWondeful","avatar":"https://static.tigerbbs.com/804142c303789d12327a828b64c1ddd7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3561173247701950","authorIdStr":"3561173247701950"},"htmlText":"Bold!","listText":"Bold!","text":"Bold!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/139059347","repostId":1107247661,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4491859,"gmtCreate":1622251189734,"gmtModify":1680791711984,"authorId":3561173247701950,"author":{"id":3561173247701950,"idStr":"3561173247701950","authorId":3561173247701950,"name":"MrWondeful","avatar":"https://static.tigerbbs.com/804142c303789d12327a828b64c1ddd7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139059347,"type":1,"supId":4400262,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":4400261,"gmtCreate":1621577410319,"gmtModify":1680790092774,"authorId":3561173247701950,"author":{"id":3561173247701950,"idStr":"3561173247701950","authorId":3561173247701950,"name":"MrWondeful","avatar":"https://static.tigerbbs.com/804142c303789d12327a828b64c1ddd7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139059347,"type":1,"supId":0,"prevId":0,"content":"Courage!","text":"Courage!","html":"Courage!"},{"id":4400262,"gmtCreate":1621577432201,"gmtModify":1680790088753,"authorId":3561173247701950,"author":{"id":3561173247701950,"idStr":"3561173247701950","authorId":3561173247701950,"name":"MrWondeful","avatar":"https://static.tigerbbs.com/804142c303789d12327a828b64c1ddd7","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139059347,"type":1,"supId":0,"prevId":0,"content":"Comment","text":"Comment","html":"Comment"}],"langContent":"EN"},{"id":139027816,"gmtCreate":1621577178235,"gmtModify":1704359957970,"author":{"id":"3560852841944646","authorId":"3560852841944646","name":"Abez","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3560852841944646","authorIdStr":"3560852841944646"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/139027816","repostId":1107247661,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4400458,"gmtCreate":1621579668656,"gmtModify":1680790091407,"authorId":3561975721283567,"author":{"id":3561975721283567,"idStr":"3561975721283567","authorId":3561975721283567,"name":"WTurtle","avatar":"https://static.tigerbbs.com/f365603f5d6014baec364bc1bdd93afd","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139027816,"type":1,"supId":0,"prevId":0,"content":"Fast and furious ","text":"Fast and furious ","html":"Fast and furious "}],"langContent":"EN"},{"id":139028094,"gmtCreate":1621576580218,"gmtModify":1704359950680,"author":{"id":"3582503329600891","authorId":"3582503329600891","name":"88_TWB_88","avatar":"https://static.tigerbbs.com/00cb7ae6d4c8f5f282b6f3a594a2c648","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3582503329600891","authorIdStr":"3582503329600891"},"htmlText":"Wow....Comments &amp; like thks","listText":"Wow....Comments &amp; like thks","text":"Wow....Comments & like thks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/139028094","repostId":1107247661,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4400346,"gmtCreate":1621578045837,"gmtModify":1680790092266,"authorId":3579150819625638,"author":{"id":3579150819625638,"idStr":"3579150819625638","authorId":3579150819625638,"name":"gorgonzola","avatar":"https://static.tigerbbs.com/1c98c4db336df9bf3de0d2833d8ff0cf","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":139028094,"type":1,"supId":0,"prevId":0,"content":"done. like and reply pse. tks!","text":"done. like and reply pse. tks!","html":"done. like and reply pse. tks!"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":27,"commentSize":17,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1107247661"}