THE BLOCK · 2026-11-06 03:56 UTC

Ark Invest buys more Coinbase as shares plunge 10% in wider market rout

Ark Invest bought 17,806 Coinbase shares worth $2.44 million on Thursday, while the stock fell 9.69% to close at $136.82. Ark sold 109,522 Bullish shares ($2.27 million) and 119,841 Bitmine shares ($2.28 million) in the same session. The Nasdaq Composite closed down 5.52% in a tech sell-off, with Bitcoin at $75,908 and Ethereum at $2,234 after falling 5.8% and 8.2% over 24 hours.

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