Cathie Wood: Coinbase stocks are not "dumping", but active portfolio management
2024-03-28 22:15:05
Cathie Wood explained the reasons behind the sale of Coinbase stock (COIN). Cathie Wood stated, "The sales of Coinbase stocks are not 'dumping', but active portfolio management, which has exceeded 10% of the portfolio. We are only profit taking, and it remains the top position. We are redeploying these profits into the stocks." Two days ago, Ark Invest sold $20.8 million worth of Coinbase stocks.
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