Cathie Wood Sells Some Crypto Assets and Invests in Social Commerce Giant Pinterest

WikiBit 2023-12-18 17:50

Cathie Wood-led Ark Invest heavily acquired shares of the social commerce company Pinterest on Friday while simultaneously reducing holdings in

cryptocurrency

-related stocks.

To detail, Ark acquired a total of 572,445 shares of Pinterest, amounting to approximately $21.39 million. Additionally, Ark also sold 18,962 shares of Coinbase valued at $2.8 million and 12,000 shares of GBTC valued at $409,200.

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