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25 July 2021

ARK Invest Buys Another $10.8M in Grayscale’s Bitcoin Trust - Decrypt

ARK Invest Buys Another $10.8M in Grayscale’s Bitcoin Trust - Decrypt


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Over the past two days, the New York-based firm purchased 210,681 shares of crypto exchange Coinbase worth as much as $47.39 million, as well as 450,224 shares of GBTC worth over $10.8 million.

In the same period, the firm increased its stake in GBTC, snapping up 310,067 shares on Monday, followed by the addition of 140,157 shares on Tuesday.

The two last purchases brought ARKW’s total holdings of GBTC to over 9 million shares, worth $216.9 million.

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