Cathie Wood's Ark Invest scoops up $13 million in Coinbase stock, its largest purchase of the crypto exchange this year

Cathie Wood. Photo by PATRICK T. FALLON/AFP via Getty Images Ark Invest purchased $13 million worth of Coinbase stock, split between its ARKK and ARKW ETFs. The famed money manager currently holds a 4.58% stake in the cryptocurrency company. Shares of Coinbase are up 3.66% at $63.4 on Thursday.…

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